Japan's Unizo Holdings to restart bidding process for sponsor

Japan's Unizo Holdings to restart bidding process for sponsor

The logo of Hotel Unizo, operated by Japanese hotel operator Unizo Holdings, is seen at the entrance of the hotel in Tokyo, Japan November 18, 2019. REUTERS/Junko Fujita/File Photo

Bankrupt Japanese hotel chain Unizo Holdings will start a new process to choose a restructuring sponsor in an effort to maximise repayments to creditors, a document seen by Reuters showed.