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.
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