US private equity firm Bain Capital said on Monday that it is weighing up the possibility of withdrawing its tender offer proposal for Japanese IT company Fuji Soft following an improved offer from rival suitor KKR, according to a report by Reuters.

Hong Kong-based real estate private equity firm Gaw Capital, in partnership with Singapore’s Patience Capital Group, has purchased the Tokyu Plaza Ginza, a landmark mall in central Tokyo, in a deal valued at over $1bn.

Private equity giant CVC Capital Partners has emerged as a key player in the ongoing investment interest in Telecom Italia, joining a growing list of suitors evaluating the former Italian phone monopoly, according to a report by Reuters.

Montagu, a private equity firm focused on healthcare, financial sector services, critical data, digital infrastructure, and education, is to acquire Multifonds in a carve-out transaction from parent company Temenos.

Trilantic Europe, a mid-market, pan-European private equity investor with a dedicated energy transition strategy, has acquired 100% of the shares of Axicom HV AG, a manufacturer of advanced solutions for high-voltage power transmission, from RCP

BV Investment Partners, a middle-market private equity firm focused on the tech-enabled business services, software, and IT services sectors, has agreed to sell TopBloc, a tech-enabled Workday consultancy, to ASGN Incorporated.

SailPoint, the cybersecurity firm backed by private equity giant Thoma Bravo, is planning to float shares in New York, targeting a valuation of up to $11.5bn and marking a return to public markets after two years of private ownership.