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VNA Vonovia SE

27.01
0.80 (3.05%)
30 Apr 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Vonovia SE TG:VNA Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.80 3.05% 27.01 26.94 27.08 27.90 26.55 26.55 470,494 22:50:03

Vonovia Secures 87.6% of Deutsche Wohnen's Voting Rights

26/10/2021 7:55am

Dow Jones News


Vonovia (TG:VNA)
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From May 2021 to May 2024

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   By Olivia Bugault 
 

Vonovia SE said Tuesday that it secured roughly 87.6% of voting rights to acquire Deutsche Wohnen SE at the end of its additional acceptance period on Oct. 21.

Frankfurt-listed residential landlord Vonovia has completed the takeover bid for its smaller rival Deutsche Wohnen on its third attempt to buy the company. In late August, the company launched a new and final public takeover offer at 53 euros ($61.54) for each Deutsche Wohnen share.

"Together, Vonovia and Deutsche Wohnen will manage a portfolio of approximately 568,000 apartments," it said. The deal will create Europe's largest residential real-estate group.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

October 26, 2021 02:40 ET (06:40 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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