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Junko Fujita

H.I.S. abandons fight for Unizo, leaves SoftBank firm as sole bidder: Nikkei

6:19am BST

TOKYO Japanese travel agency H.I.S. Co has given up its bid for a controlling stake in Unizo Holdings , Nikkei Business reported on Friday, after a SoftBank-owned firm made a $1.3 billion 'white knight' offer for the hotel operator.

SoftBank's Fortress emerges as white knight for hotel chain Unizo with $1.3 billion bid

16 Aug 2019

TOKYO Japanese hotel chain Unizo Holdings said it received a friendly buyout offer worth up to $1.3 billion from a SoftBank Group investment firm, a deal that will help it fend off a rare hostile takeover bid from travel agency H.I.S. Co.

Anbang's Japan properties up for sale, Blackstone seen bidding - sources

14 Aug 2019

TOKYO China's troubled Anbang Insurance Group has put its $2.4 billion (£1.9 billion) property portfolio in Japan up for sale and previous owner Blackstone Group is bidding, two people familiar with the company's plans said.

JC Flowers to sell $700 million worth of shares in Shinsei Bank

08 Aug 2019

TOKYO Private equity investor JC Flowers & Co will cut its stake in Japan's Shinsei Bank to less than 4%, according to a filing by the lender, selling shares worth around $700 million nearly two decades after one of Japan's first buyout deals.

Bain Capital in talks on new Japan buyout fund -source

18 Jul 2019

TOKYO Global private-equity firm Bain Capital LLC is in early talks with investors to set up a new fund targeting mid-sized Japanese companies, a person with knowledge of the matter said.

UPDATE 1-Bain Capital in talks on new Japan buyout fund -source

18 Jul 2019

TOKYO, July 18 Global private-equity firm Bain Capital LLC is in early talks with investors to set up a new fund targeting mid-sized Japanese companies, a person with knowledge of the matter said.

Bain Capital in early stages of talks to raise Japan fund -source

18 Jul 2019

TOKYO, July 18 Global private-equity firm Bain Capital LLC is in early talks with investors about raising a new fund targeting mid-sized Japanese companies, a person with knowledge of the matter said.

Hitachi starts sale of $5.6 billion chemical unit, first bids due by Aug. 9: sources

11 Jul 2019

TOKYO Japan's Hitachi Ltd has started the formal process for the sale of its $5.6 billion chemical unit with initial bids due in August, people familiar with the matter said, a deal that is expected to draw interest from global private-equity firms.

Japan overhauls buyout guidelines to protect minority shareholders

28 Jun 2019

TOKYO Japan's trade ministry has overhauled guidelines for mergers and acquisitions to better protect minority shareholders in the case of management buyouts, a reform that comes amid a renewed focus on shareholder rights.

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