Starwood Capital Asia sweetens buyout offer for Australian Unity Office

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Australian dollar denominations shown in a photo illustration at a currency exchange in Sydney, Australia, June 7, 2016. REUTERS/Jason Reed/File Photo - RTX2K2T5

Australian Unity Office Fund said on Monday that funds managed by Starwood Capital Asia Ltd raised their buyout offer for the real estate investment trust for a third time, making the deal potentially worth A$480.4 million ($338.9 million).

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