Consumer

TPG, AA up JAL offer

American Airlines CFO Tom Horton said publicly in Tokyo that his company and TPG Capital would increase their joint investment offer for struggling Japan Airlines, indicating up to $1.1 billion could be committed, much of it drawn from TPG.

Unitas may sell Buy The Way to Japanese

Unitas Capital is reportedly in talks with Ministop Co., Japan's fifth largest convenience store chain operator, over the sale of investee Buy The Way, the fourth largest convenience store chain in South Korea.