June 21 (Reuters) - Mercantile Investment Company Ltd MVT.AX :
* NOTES SANDON CAPITAL INVESTMENTS UPDATE IN RELATION TO SANDON‘S TAKEOVER OFFER FOR SHARES IN CO
* SANDON'S UPDATE STATES SIBLOW PTY INTENTION TO ACCEPT TAKEOVER OFFER FOR ALL CO'S SHARES HELD, IN ABSENCE OF SUPERIOR OFFER
* MERCANTILE SHAREHOLDERS ARE ADVISED TO TAKE NO ACTION AT THIS STAGE