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KM Financial Solutions | UPDATE 1-Japan’s Unizo to reject H.I.S. offer, raises spectre of hostile bid
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UPDATE 1-Japan’s Unizo to reject H.I.S. offer, raises spectre of hostile bid

05 Aug UPDATE 1-Japan’s Unizo to reject H.I.S. offer, raises spectre of hostile bid

Posted at 09:12h in News by
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Japanese hotel operator Unizo
Holdings Co said on Tuesday it would reject a bid by
H.I.S. Co to raise its stake, adding that the offer
lacked synergy and was priced low, setting the stage for a
potential rare hostile bid in Japan.

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