The unusually contentious bidding war between US private equity firms Bain Capital and KKR for Tokyo-listed Fuji Soft looks as though it might have been resolved at the time of writing, with a statement from Bain on February 10 saying it was "carefully considering its future policy, including the option of withdrawing".

TOKYO -- U.S. private equity firm Bain Capital on Monday withdrew its planned bid to take over Japan's Fuji Soft, ending a battle to acquire the systems developer that had been raging with rival investor KKR for more than five months.

U.S. private equity firm Bain Capital said on Monday it will not launch a tender offer for Fuji Soft, formally ending a takeover battle with rival KKR for the Japanese IT company.Bain had said last week it might withdraw its proposal for Fuji Soft,

U.S. private equity firm Bain Capital said it may withdraw its tender offer proposal for Japanese IT firm Fuji Soft, after rival suitor KKR raised its offer above Bain's in a protracted bidding war. Bain Capital "is carefully considering its future policy,

TOKYO -- U.S. private equity firm Bain Capital said Monday that backing down on a proposed tender offer for Japanese systems developer Fuji Soft is a possibility, in the latest development in its bidding war with rival investor KKR.

Bain Capital said it will give up its pursuit of Fuji Soft Inc., ending a months-long bidding war with KKR & Co. to take the Japanese software company private.

U.S. private equity firm, Bain Capital, announced on Monday that it will not proceed with a tender offer for Japanese IT company, Fuji Soft, marking the end of a prolonged takeover battle with rival firm KKR.