Edition:
United Kingdom

Junko Fujita

RPT-EXPLAINER-What makes Japanese hotelier Unizo attractive for Blackstone and Elliott?

18 Oct 2019

TOKYO, Oct 17 Little-known hotelier Unizo Holdings Co Ltd has found itself the centre of private equity attention, with global names vying for the opportunity to buy into Japan's property market on the cheap.

Elliott pushes Japan's Unizo to accept $1.6 billion Blackstone bid

17 Oct 2019

TOKYO Unizo Holdings' top shareholder Elliott Management pushed the Japan hotel operator to accept a $1.6 billion tender offer from Blackstone Group, warning it would take "all available measures" if it fails to do its "fiduciary duty".

What makes Japanese hotelier Unizo attractive for Blackstone and Elliott?

17 Oct 2019

TOKYO Little-known hotelier Unizo Holdings Co Ltd has found itself the center of private equity attention, with global names vying for the opportunity to buy into Japan's property market on the cheap.

Explainer: What makes Japanese hotelier Unizo attractive for Blackstone and Elliott?

17 Oct 2019

TOKYO Little-known hotelier Unizo Holdings Co Ltd has found itself the centre of private equity attention, with global names vying for the opportunity to buy into Japan's property market on the cheap.

EXPLAINER-What makes Japanese hotelier Unizo attractive for Blackstone and Elliott?

17 Oct 2019

TOKYO, Oct 17 Little-known hotelier Unizo Holdings Co Ltd has found itself the centre of private equity attention, with global names vying for the opportunity to buy into Japan's property market on the cheap.

Blackstone turns up heat on hotelier Unizo with tender offer

15 Oct 2019

TOKYO Private equity firm Blackstone Group said on Tuesday it would launch a tender offer for Unizo Holdings at 5,000 yen a share, doubling down on its $1.6 billion offer after the proposal was rebuffed by the Japanese hotel chain.

Bain and Carlyle among shortlisted bidders for Japan's Hitachi Chemical: sources

11 Oct 2019

TOKYO Japan's Hitachi Ltd has narrowed suitors for its $6.8 billion chemical unit to a handful of companies including Bain Capital and Carlyle Group LP , people with knowledge of the deal said.

Top shareholder in Japan's Unizo wants explanation after $1.3 billion U-turn

09 Oct 2019

TOKYO The top shareholder in Japan's Unizo Holdings on Wednesday pressed the hotel chain to explain its sudden withdrawal of support for a $1.3 billion buyout, breaking its silence over concerns about disclosure and governance.

Thyssenkrupp to open data room in elevator auction soon: sources

08 Oct 2019

TOKYO/FRANKFURT Thyssenkrupp plans to give potential bidders access to the data room of its elevator division in the coming days, three people familiar with the matter said, as one of Europe's biggest M&A deals of the year picks up pace.

Tokio Marine to buy U.S. insurer Pure Group for about $3 billion

03 Oct 2019

TOKYO Tokio Marine Holdings Inc will buy insurer Pure Group for about $3.1 billion, it said on Thursday, marking its fourth sizable acquisition in the United States in a little over a decade.

World News