Oct 18 (Reuters) - Investa Office Fund (IOF) :
- ILFML BOARD UNANIMOUSLY RECOMMENDS OXFORD PROPOSAL
- BLACKSTONE HAS ADVISED ILFML THAT IT WILL NOT PROVIDE A MATCHING OR SUPERIOR OFFER TO OXFORD PROPOSAL
- ILFML BOARD HAS NOW WITHDRAWN ITS RECOMMENDATION OF BLACKSTONE PROPOSAL
- ILFML HAS TERMINATED BLACKSTONE SCHEME IMPLEMENTATION AGREEMENT
- ILFML BOARD HAS DETERMINED THAT OXFORD PROPOSAL IS A 'SUPERIOR PROPOSAL' TO BLACKSTONE PROPOSAL
- ILFML ENTERED INTO A SCHEME IMPLEMENTATION AGREEMENT WITH OXFORD IN RELATION TO OXFORD PROPOSAL
- CHANGE IN ILFML BOARD'S RECOMMENDATION WILL GIVE RISE TO AN OBLIGATION TO PAY A BREAK FEE OF ABOUT $32 MILLION TO BLACKSTONE
