July 10, 2019 / 4:53 AM / 9 days ago

Japan's H.I.S. considering tender offer for Unizo - Nikkei

TOKYO, July 10 (Reuters) - Japanese travel services provider H.I.S. Co is considering launching a tender offer for hotel operator Unizo Holdings Co, the Nikkei business daily reported in its online edition on Wednesday.

Unizo shares rose by the daily allowable limit of 400 yen ($3.67), or up 20%, just after the report, before the Tokyo bourse suspending trade in the stock. ($1 = 108.8600 yen) (Reporting by Chang-Ran Kim; Editing by Himani Sarkar)

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