IOF investa office fund
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News: IOF Investa Office Fund Receives All Cash Proposal Takeover From Blackstone

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    28/05/18
    10:00
    Post #: 33331707

    May 28 (Reuters) - Investa Office Fund (IOF) :

    • RECEIVED ALL CASH PROPOSAL FROM BLACKSTONE TO ACQUIRE IOF
    • UNDER PROPOSAL, IOF UNITHOLDERS TO BE ENTITLED TO $5.25 CASH/UNIT REDUCED BY ANY DISTRIBUTIONS DECLARED/PAID BY CO AFTER MAY 4
    • DIRECTORS OF ILFML INTEND, ON ENTRY INTO SCHEME AGREEMENT, TO UNANIMOUSLY RECOMMEND IOF UNITHOLDERS VOTE IN FAVOUR OF PROPOSAL
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