Blackstone to raise its offer for Japan's Unizo to $53.78 per share

Blackstone to raise its offer for Japan's Unizo to $53.78 per share

Photo: Unizo website

Blackstone Group has raised its proposed offer to buy Japanese hotel chain Unizo Holdings to 6,000 yen ($53.78) from 5,600 yen per share, the U.S. private equity firm said on Monday, topping a bid by U.S. investment fund Lone Star.

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