September 5, 2018 / 1:13 AM / 2 months ago

BUZZ-Australia's Investa Office rises to near decade high as takeover bidding heats up

** Shares of Investa Office Fund rise as much as 2.5 pct to a near 10-year high of A$5.455

** Canadian landlord Oxford Properties Group makes last-minute A$3.3 bln ($2.37 bln) bid for the Australian office owner on Tuesday, edging out an earlier offer from U.S. private equity firm Blackstone Group

** Stock has gained nearly 15 pct since Blackstone’s initial offer in late May

** Stock sees best intraday session in more than one week ($1 = 1.3931 Australian dollars)

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