Japan

Blackstone to launch tender offer for Japan’s Unizo

• Bookmarks: 12


TOKYO (Reuters) – Private equity firm Blackstone Group (BX.N) said on Tuesday it would launch a tender offer for Japan’s Unizo Holding (3258.T) at 5,000 yen ($46) a share, firing back after its earlier bid for the hotel chain was rebuffed.

Blackstone said in a statement it would consider various options, including launching the tender, if Unizo didn’t agree by Oct. 23.

12 recommended
comments icon0 comments
0 notes
71 views
bookmark icon

Write a comment...

Your email address will not be published. Required fields are marked *