SoftBank-owned Fortress left as sole bidder for Unizo after HIS bows out

SoftBank-owned Fortress left as sole bidder for Unizo after HIS bows out

FILE PHOTO: People walk past a retail shop of the SoftBank telecommunications company in Tokyo, Japan, May 10, 2016. REUTERS/Thomas Peter/File Photo

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.

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