Junko Fujita
Stories by Junko Fujita
Japan’s Maeda Corp to launch unsolicited bid to acquire road paving firm
Unsolicited bids are uncommon in Japan, where many companies are shielded by cross-shareholdings to protect management.
Apollo Global Management said to rope in Bain exec to launch Japan business
Apollo has hired Tetsuji Okamoto, a managing director at Bain Capital, who will start his new role later this month.
Blackstone says Unizo has not agreed to its $1.6b takeover offer
Blackstone said it would provide an update no later than Dec. 6 if there are any changes in circumstances regarding Unizo.
Japanese hotel group Unizo receives six new buyout offers
Unizo said it had received offers from four overseas investment funds and one Japanese fund as well as one domestic company.
Blackstone still open to talks with Japan’s Unizo after bid deadline lapses
Unizo was little known until it became a target for a hostile bid by travel agent H.I.S. Co in July.
Blackstone to continue pursuit of Japan’s Unizo with tender offer
Unizo last week rejected a buyout proposal from Blackstone as well as one from a "locally renowned" fund that it did not identify.
Bain, Carlyle among shortlisted bidders for Japan’s Hitachi Chemical
Each bidder is seeking to buy all shares in Hitachi Chemical, which is 51.2% owned by Hitachi.
Japan’s Unizo says rejected bids from local fund, Blackstone
Unizo said it rejected a Blackstone offer in September. The PE firm resubmitted its bid this week but was rejected again.
SoftBank-owned Fortress left as sole bidder for Unizo after HIS bows out
The tug-of-war over Unizo has marked a stark departure from most acquisitions in Japan, where takeovers tend to be pre-agreed deals waiting to be rubb
SoftBank’s Fortress emerges white knight for Japanese hotel chain Unizo with $1.3b bid
Unizo has publicly opposed the H.I.S. bid, saying it lacked synergy and undervalued the hotel chain.