Unison Capital raises Aderans share offer by 20%

TOKYO May 25 (Reuters) - Japanese equity fund Unison Capital said on Monday it has raised its planned offer for shares in wig maker Aderans Holdings (8170.T) by 20 percent to 1,200 yen per share.

Unsion Capital and Aderans are locked in a battle with U.S. hedge fund Steel Partners for shareholder votes at Aderans' annual meeting scheduled for Thursday.

Aderans said last month it supported Unison Capital's bid for at least a 35 percent stake in Aderans to replace top shareholder Steel Partners, which has been pushing for management changes.

Prior to the announcement, Aderans shares ended up 0.1 percent at 964 yen. (Reporting by Taiga Uranaka)