Hedge fund Elliott holds 5.51% stake in Japan's Unizo - filing

HIS Co

06/08/2019 07:20

TOKYO, Aug 6 (Reuters) - U.S. hedge fund Elliott Management
holds a 5.51% stake in Japanese hotel operator Unizo Holdings
 3258.T , according to a regulatory filing submitted on Tuesday
in Japan. 
    Japanese travel agency H.I.S. Co  9603.T  last month
launched a tender offer for about 40 percent of the shares in
Unizo, which operates limited-service hotels in Japan.
 urn:newsml:reuters.com:*:nL4N24B1B0
    H.I.S., already Unizo's top shareholder with a 4.79 percent
stake, said it wants to increase its stake in Unizo to as much
as 45 percent.
    Unizo has yet to announce its stance on H.I.S.'s tender
offer. 
    

 (Reporting by Junko Fujita; Editing by Chris Gallagher)
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