Unizo has publicly opposed the H.I.S. bid, saying it lacked synergy and undervalued the hotel chain.
Beijing has been speeding up asset disposals at Anbang, previously one of the most aggressive Chinese buyers of foreign assets.
JC Flowers partnered with PE firm Ripplewood to buy the failed Long-Term Credit Bank and relaunch it as Shinsei.
The deal is expected to draw interest from global private equity firms.
Policy & Regulations
The reform comes amidst renewed focus on shareholder rights.
Hitachi plans to sell its majority stake in Hitachi Chemical and the process could start as early as this month.
Hitachi has been reorganising its structure in recent years, selling non-core assets while investing in energy and other businesses.
Japan Post sold 136.7 million share at 2,375 apiece, the insurance company said in a filing, representing a 4 per cent discount from Monday's closin
IPOs & Markets
Depending on market conditions, the timing could be further pushed as far back as summer 2020.
The PE firm will reportedly pay around $1 billion for Ayumi, including debt.
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