The tug-of-war over Unizo has marked a stark departure from most acquisitions in Japan, where takeovers tend to be pre-agreed deals waiting to be rubb
Unizo has publicly opposed the H.I.S. bid, saying it lacked synergy and undervalued the hotel chain.
The deal will make the buyers Japan Display's biggest shareholders - with a 49.8% stake - replacing the Japanese government-backed INCJ fund.
IPOs & Markets
Japan Post Holdings plans to initially reduce its stake in the insurance and banking units to 50% in multiple stages, and eventually dispose of its en
Ghosn, detained since his Nov. 19 arrest, had already been charged for under-reporting his income for the five years through 2015.
The reports came as a shock in Japan where Ghosn, a rare foreign top executive, is well regarded for having turned Nissan around from near bankruptcy.
J&J is the second largest shareholder of the Japanese firm and owns a 19.9 percent stake through its affiliate.
The combined firm would account for about 30 percent of Japan's domestic gasoline sales.
The deal allows Renesas to bring on board IDT's know-how in chips for wireless networks and data storage which are crucial for self-driving cars.
Kirin has been reviewing its business portfolio, which spans alcohol, beverages, food and drugs at home and overseas.
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