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BRIEF-Investa Office Fund receives letter from Cromwell regarding possibility to acquire IOF's capital
November 30, 2016 / 7:10 AM / 10 months ago

BRIEF-Investa Office Fund receives letter from Cromwell regarding possibility to acquire IOF's capital

Nov 30 (Reuters) - Investa Office Fund :

* Received letter from Cromwell referring to possibility to acquire all of iof’s outstanding issued capital for $4.45 per security

* Refers to asx announcement earlier today by Cromwell Property Group

* Independent directors determined not to grant cromwell due diligence

* “Iof has appointed Macquarie Capital (Australia) Limited and Allens to advise in relation to this matter.”

* Directors of ILFML determined that price proposed and framework for request not compelling or attractive to iof unitholders Source text for Eikon: Further company coverage:

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