Investa’s manager last week said two funds affiliated to Blackstone Group had agreed to raise their offer by about A$120 million (68.84 million pounds) to A$5.3485 per Investa unit from an earlier bid of A$5.1485 per unit, subject to certain conditions. The Investa Listed Funds Management Ltd Board continues to unanimously recommend voting in favour of the raised Blackstone proposal in the absence of a superior proposal, the statement said. …read more
Source:: Yahoo Finance
