IOF investa office fund
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News: IOF Australia's Investa says Blackstone pulls out of takeover race

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    18/10/18
    10:40
    Post #: 36169001

    Oct 18 (Reuters) - Australian landlord Investa Office Fund (IOF) said on Thursday it had been advised by Blackstone Group LP BX.N that the private equity giant would not match Canada's Oxford Properties Group's A$5.60 per share takeover bid.

    Oxford's offer was "superior" to Blackstone's, it added in a statement.

    ($1 = 1.4073 Australian dollars)

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