News: IOF Investa Office Fund Says Conditions Satisfied For Blackstone To Raise Bid

Aug 27 (Reuters) - Investa Office Fund (IOF) :

• BLACKSTONE STATED THAT IT WAS PREPARED TO INCREASE SCHEME CONSIDERATION FROM $5.1485 TO $5.3485 PER IOF UNIT
• ANNOUNCES CONDITIONS HAVE NOW BEEN SATISFIED; ENTERS AMENDED TRANSACTION DOCUMENTS TO GIVE EFFECT TO INCREASED CONSIDERATION
• CONTINUES TO UNANIMOUSLY RECOMMEND THAT IOF UNITHOLDERS VOTE IN FAVOUR OF BLACKSTONE PROPOSAL IN ABSENCE OF A SUPERIOR PROPOSAL
• ILFML BOARD CONTINUES TO UNANIMOUSLY RECOMMEND THAT IOF UNITHOLDERS VOTE IN FAVOUR OF BLACKSTONE PROPOSAL IN ABSENCE OF SUPERIOR PROPOSAL