Bain makes $4.1 billion counteroffer to KKR’s takeover bid for Fuji Soft, Nikkei says.

TOKYO (Reuters) – U.S. buyout fund Bain Capital has made a counteroffer to take over Japan’s Fuji Soft for about 600 billion yen ($4.10 billion), or about 5 percent more than the U.S. equity firm’s offer private KKR, the business daily reported. Tuesday.

KKR last month launched a tender offer for the Japanese company for ¥8,800 per share. Bain is believed to have proposed a price of around 9,200 to 9,300 yen for each Fuji Soft share, which closed at 8,970 yen on Tuesday.

(1 USD = 146.3900 yen)