SoftBank-owned Fortress to make rival bid for Japan’s Unizo: Nikkei

(Reuters) – Fortress Investment Group, a U.S. investment firm owned by SoftBank Group (9984.T), will offer to buy Japanese hotel operator Unizo Holdings (3258.T), launching a counter bid against travel agency H.I.S. Co (9603.T), the Nikkei reported. Fortress will a launch tender offer as soon as the start of next week for all the shares in Unizo at a price higher than H.I.S.’s offer of 3,100 yen per share, the Nikkei said on Friday.

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