Blackstone to launch tender offer for Japan's Unizo

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TOKYO (Reuters) – Private equity firm Blackstone Group (N:) said on Tuesday it would launch a tender offer for Japan’s Unizo Holding (T:) at 5,000 yen ($46) a share, firing back after its earlier bid for the hotel chain was rebuffed.

Blackstone said in a statement it would consider various options, including launching the tender, if Unizo didn’t agree by Oct. 23.

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