Bain concedes to KKR in $4bn fight for Japan’s Fuji Soft

Private equity firm says it will not launch planned tender offer for IT services company after protracted bidding war

Topics

KKR submits £4bn bid to take majority stake in Thames Water

Private equity firm plans to keep debt-laden utility in one piece, in contrast to other bidders
Financial Times - 1d
Blackstone puts First Eagle up for sale for $4bn

Decision to offload the business comes as private equity groups look to capitalise on a flurry of takeover activity
Financial Times - 5d
Hard and Soft: Dualities That Define Great Business Leaders

Leadership often requires a mix of strength and flexibility. Here’s how to avoid the “too much of a good thing” trap.
Inc. - 1d
Scientists warn Trump’s $4bn funding cuts will harm US medical research

Academics say the move imperils scientific progress and helps America’s rivals
Financial Times - Feb. 8
Biogen’s stock slides on soft guidance and a decline in sales of MS drugs

Sales of an Alzheimer’s disease treatment were better than expected, but that and a quarterly beat wasn’t enough to offset below-consensus EPS outlook.
MarketWatch - Feb. 12
How to lose friends and alienate nations: Trump is junking US soft power

Trump is eroding America’s ability to inspire, encourage and persuade others to act in ways that serve common goals.
The Hill - 1d
Here’s how Enovix’s soft guidance derailed the battery maker’s stock

Softer outlook for battery maker sends its stock down 2%.
MarketWatch - 18h
A First-Timer’s Guide to Skiing in Japan

Don’t expect raucous party scenes or over-the-top après-ski. In Japan, it’s all about the snow. Here’s a primer on where to go, stay and eat.
The New York Times - Feb. 11
Tariffs on Japan would be a costly mistake

Japan has become America’s most crucial Asian ally against Beijing; Washington creating further headache for the Ishiba administration could cost the U.S. much more than what reducing the trade ...
The Hill - 3d

More in World

Europa League playoffs: Roma v Porto, Galatasaray v AZ and more – live

Europa League updates from around the grounds Live scoreboard | Read Football Daily | And mail Rob 45 min: Roma 2-1 Porto (agg: 3-2) Roma almost scored a third a moment ago, with a shot ...
The Guardian - 15m
US Senate narrowly confirms Kash Patel as next FBI director

Patel, who was confirmed along party lines, aligns with Donald Trump on a range of issues. The US Senate has confirmed Kash Patel as the next FBI director, handing oversight of the nation’s premier ...
The Guardian - 20m
Trump ‘very frustrated’ with Zelenskyy for allegedly failing to ‘take opportunity’ of US-brokered peace – live

US national security adviser claims Ukrainian president has failed to ‘come to the table’ despite not being invited to Russia-US talks this week. Vance poses immigrants as ‘greatest threat’ to US ...
The Guardian - 30m
Senators applaud McConnell as Republican vows to keep working until end of term in 2026 – live

Republican senator announces he won’t seek re-election in 2026, capping a decadeslong career in Congress. Mitch McConnell won’t seek Senate re-election in 2026 Donald Trump signed another ...
The Guardian - 32m
Nigel Farage dissents from Trump’s Zelenskyy ‘dictator’ claim

Reform leader contradicts Trump rant, saying ‘you shouldn’t always take things Donald Trump says absolutely literally’. Nigel Farage has contradicted his ally Donald Trump, saying Volodymyr ...
The Guardian - 50m