KKR Secures Majority Stake in Fuji Soft

THE president of Fuji Television Network Inc. and the chairman of its parent company will both step down over the handling of a sexual harassment scandal that has already toppled one of Japan’s ...
The resignations of FMH’s chair, Shuji Kano, and the head of Fuji TV, Koichi Minato, follow an unusually vehement backlash by shareholders after the company’s initial efforts to address the ...
Private equity firm KKR (NYSE:KKR) Tuesday confirmed that it had raised its offer price for Japanese IT company Fuji Soft by more than 4% to take it above a rival offer from Bain Capital.
Mr Minato had admitted previously that the company had known about the allegation against Nakai shortly after the alleged incident took place. But Fuji TV chose not to disclose it at the time ...
His company, Nonbiri Nakai, would be wound up shortly, his statement added. Nonbiri Nakai did not respond to a request for comment. Nakai has been a major presence on Fuji TV schedules for almost ...
Fuji Media Holdings — sent a letter on Tuesday to the parent company, likening the hastily convened briefing to a “virtual car crash” and demanded it hold a news conference open to all media.
KKR has secured enough shares of Fuji Soft in a tender offer to take the company private, according to sources familiar with the matter, formally ending a months-long bidding war against Bain ...