Blackstone says to raise its offer for Unizo to 6,000 yen per share

Reuters

Published Feb 24, 2020 04:18AM ET

Blackstone says to raise its offer for Unizo to 6,000 yen per share

TOKYO (Reuters) - U.S. private equity Blackstone Group (N:BX) said on Monday it would raise its proposed offer price to buy Japan's hotel chain Unizo Holdings (T:3258) to 6,000 yen ($53.78) per share, topping a bid by U.S. investment fund Lone Star.