IOF 0.00% $5.58 investa office fund

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

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    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
 
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