Blackstone offers $2.3b for Australia's Investa Office Fund

Blackstone offers $2.3b for Australia's Investa Office Fund

Blackstone Group LP headquarters stands in New York, U.S., on Friday, April 14, 2017. Photograph: Victor J. Blue/Bloomberg

Australia’s Investa Office Fund (IOF) said on Monday it has received a A$3.08 billion ($2.3 billion) unsolicited non-binding buyout proposal from the Blackstone Group.

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