Japan's Fuji Soft said on Thursday that KKR now owns nearly 58% of the company after the second stage of a tender offer, ending a fierce battle with rival Bain Capital to take the software developer private.

KKR secures a 57.92% stake in Fuji Soft after a heated takeover battle with Bain, marking another major private equity deal in Japan.

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.

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.

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.

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.