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Japan's H.I.S. Co Ltd - Revises FY Net Earnings Forecast To 1.1 Billion Yen Loss From Previous 11 Billion Yen Profit Citing Coronavirus
Unizo Holdings Co Says It Opposes Tender Offer By H.I.S.
H.I.S. Co Ltd - To Launch Tender Offer For Unizo Holdings at 3,100 yen/share
H.I.S. Co., Ltd. is primarily engaged in travel business. The Company operates in four segments. The Travel segment is engaged in the provision of related services of overseas and domestic travel. The Huisten Bos Group segment has owned and operated theme parks in Sasebo City, Nagasaki Prefecture and Gamagori City in Aichi Prefecture, and develops new power sources such as renewable energy, and incidental projects. The Hotel segment is engaged in hotel and related business in Japan, Taiwan and others. The Kyushu Industrial Transportation Group, with the Kyushu Industrial Transportation Holdings Co., Ltd. as the holding company, is primarily engaged in automobile transportation business. Besides, it is involved in insurance agency such as overseas travel insurance, as well as development and operation of guest room reservation system.
Kamiyacho Trust Tower, 4-1-1, Toranomon
Chairman of the Board, President, Executive President, Group Chief Executive Officer, Chairman of Subsidiary, Representative Director
President of Subsidiary, Director
Chief Information Officer, Executive Officer, Chief Director of Main Office Information System
Senior Managing Executive Officer, Chief Digital Officer (CDO), President of H.I.S. JAPAN, Director
Managing Executive Officer, Director
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Japanese travel agent H.I.S. Co <9603.T> said on Saturday it is abandoning its bid for control of Unizo Holdings <3258.T>, buckling in the face of a 'white knight' offer from SoftBank's investment firm for the entirety of the hotel chain.
Japanese travel agent H.I.S. Co said on Saturday it is abandoning its bid for control of Unizo Holdings, buckling in the face of a 'white knight' offer from SoftBank's investment firm for the entirety of the hotel chain.
Japanese travel agency H.I.S. Co is withdrawing a bid for control of Unizo Holdings , Nikkei Business reported on Friday, throwing in the towel after a SoftBank-owned firm made a 'white knight' offer for the entirety of the hotel operator.
Japanese travel services provider H.I.S. Co plans to withdraw from the battle for control over Unizo Holdings after the hotel operator received a higher offer from an investment group, Nikkei Business reported on Friday.
Japanese hotel chain Unizo Holdings <3258.T> said it received a friendly buyout offer worth up to $1.3 billion from a SoftBank Group <9984.T> investment firm, a deal that will help it fend off a rare hostile takeover bid from travel agency H.I.S. Co.
Fortress Investment Group, an investment firm owned by SoftBank Group, will offer to buy Japanese hotel operator Unizo Holdings Co, launching a counter bid against travel agency H.I.S. Co , the Nikkei reported on Friday.
Japanese hotel operator Unizo Holdings Co <3258.T> said on Tuesday it would reject a bid by H.I.S. Co <9603.T> to raise its stake, adding that the offer lacked synergy and was priced low, setting the stage for a potential rare hostile bid in Japan.
Japanese travel services provider H.I.S. Co <9603.T> said on Wednesday it would spend 42.655 billion yen ($391.76 million) to launch a tender offer for about 40% of shares in hotel operator Unizo Holdings Co <3258.T>.
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.
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