TOKYO: Japan’s Unizo Holdings said it is in talks with a potential partner after the Nikkei reported a SoftBank Group firm will offer to buy out the hotels operator to help it fend off a hostile takeover bid.
US-based Fortress Investment Group will open a tender offer as soon as next week for all of Unizo’s shares at a higher price than the 3, 100 yen per share that travel agency HIS Co has offered, the Nikkei daily said.
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