News: IOF Australia's Investa postpones meeting on Blackstone bid after rival ups offer

Sept 14 (Reuters) - Office owner Investa Office Fund (IOF) said on Friday it would postpone a shareholder meeting regarding a takeover offer from private equity firm Blackstone BX.N after receiving a rival bid.

The company said it intended to seek judicial advice to adjourn the meeting set for Sept. 17, where it intended to solicit shareholders over a takeover offer from Blackstone.

Investa also said it would engage with Oxford Properties Group over a possible binding proposal after the Canadian landlord sweetened its takeover bid for the company on Thursday.