SoftBank's Fortress emerges white knight for Japanese hotel chain Unizo with $1.3b bid

SoftBank's Fortress emerges white knight for Japanese hotel chain Unizo with $1.3b bid

Photo: Pixabay

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.

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