(Corrects headline and bullets to say it is consolidating hotel units and sports units, not merging hotel unit and sports goods unit.)
March 24 (Reuters) - Xebio Holdings Co Ltd :
* Says it will merge its two wholly owned hotel units
* Northern Japan sports goods retail unit will merge with parent sports goods retail unit
* Real assets of both units being merged will be transferred to Xebio Holdings Co Ltd.
* Says reorganisation effective May 1
Source text in Japanese:goo.gl/7radqV
Further company coverage: (Beijing Headline News)