(Reuters) - Advantage is leading the race to buy two-thirds of Tokyo Star from another fund, Dallas-based Lone Star [LS.UL], for about $1.6 billion.
Under Japanese law, the winner of the auction would have to make an offer for all the Tokyo-based regional lender's shares, valued on the stock market at about $2.4 billion.
Read more at Reuters.com Mergers News
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