(Reuters) - TOKYO, April 13 - Morgan Stanley will buy 13 hotels from Japanese airline All Nippon Airways Co. Ltd. for an estimated 280 billion yen to become the largest hotel owner in Japan, financial sources said on Friday.
The deal is set to be one of the biggest single-asset property transactions in Asia and comes amid increasingly fierce competition for commercial property in Japan.
Read more at Reuters.com Mergers News
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