|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||5.58 - 5.60|
|52-week range||4.13 - 5.60|
|Beta (3Y monthly)||0.63|
|PE ratio (TTM)||6.44|
|Earnings date||18 Feb. 2019 - 22 Feb. 2019|
|Forward dividend & yield||0.20 (3.64%)|
|1y target est||4.95|
Investa Office Fund plans to postpone a shareholder meeting over Blackstone's takeover bid after rival Oxford Properties Group upped its bid.
A unit of Ontario Municipal Employees Retirement System sweetened its bid for Australian property company Investa Office Fund to A$3.35 billion ($2.4 billion), escalating a bidding war with Blackstone Group LP. The Canadian pension fund’s Oxford Properties Group real estate unit raised its bid to A$5.60 a share, topping Blackstone’s latest A$5.52 offer, according to a statement Thursday. Investa Office shares were unchanged at A$5.54 at 3:10 p.m. in Sydney.
Investa Office Fund has set September 17 as the date for its shareholders to vote on Blackstone Group's sweetened $3.3 billion takeover bid.
If you are interested in cashing in on Investa Office Fund’s (ASX:IOF) upcoming dividend of AU$0.10 per share, you only have 2 days left to buy the shares before itsRead More...
Investa Office Fund is in a binding agreement with US private equity group Blackstone, which in May offered a $3.14 billion cash bid for the company.