KKR has secured enough shares to take Fuji Soft private, days after rival Bain Capital dropped out from a bidding war for the Japanese software company valued at more than $4 billion.

TOKYO (Reuters) - U.S. private equity firm KKR has secured a 57.92% stake in Fuji Soft after the second stage of its tender offer bid, ending a fierce battle with rival Bain Capital to take the Japanese software developer private.

KKR (NYSE: KKR) has emerged victorious in a months-long battle for control of Fuji Soft, securing a 57.92% stake in the Japanese software company after the second stage of its tender offer bid. This marks the end of a fierce competition with Bain Capital,

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.

KKR has secured enough shares to take Fuji Soft private, days after rival Bain Capital dropped out from a bidding war for the Japanese software company valued at more than $4 billion.

KKR & Co. has secured enough shares of Fuji Soft Inc. in a tender offer to take the company private, according to people familiar with the matter, formally ending a months-long bidding war against Bain Capital.