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Blackstone Ups Bid For Investa Office Fund To Aud3.2bn | News | Ipe Ra
Competition for Australian vehicle heats up after Oxford Properties enters the frame. : Blackstone has increased its offer for Investa Office Fund (IOF) as the battle for ownership of the Australian listed real estate fund heats up. Its original offer of AUD3.1bn was increased to AUD3.2bn (€2bn), but the US private equity firm faces potential competition from Investa Commercial Property Fund (ICPF) and Oxford Properties, which together own 19.99% of IOF, as well as Macquarie, which recently bought 50% of ... Full investment news article
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Overtime Pay Soars In California Police, Fire Departments | The Sacramento Bee
California cities and counties have too few cops and too many wildfires to get a handle on their soaring overtime budgets. That’s how they explain the $3.7 billion they spent … Click to Continue » Full investment news article
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