It could on the German real estate market
give an elephant wedding after the corona pandemic subsides.
According to circles, industry leader is considering Vonovia at the
Rival Deutsche Wohnen another one
Attempted takeover after failing the first four years ago
was. A company with a market valuation of almost
40 billion euros will arise.
Vonovia is investigating the feasibility of one together with consultants
such transaction, reports the Bloomberg news agency on
Wednesday citing familiar with the matter
People. If there were an attempt, it would only be after
the end of the corona pandemic. Vonovia will be one
Takeover only with the approval of the management of Deutsche Wohnen
and the Berlin city government are starting. A final one
The decision had not yet been made and there was no certainty
that a formal offer is successful.
A Vonovia spokesman only said that acquisitions were part of the
Corporate strategy, but did not want to define itself
Express transactions. Deutsche Wohnen was able to comment
cannot be achieved initially.
Deutsche Wohnen investors have celebrated before. Of the
The company’s stock price jumped on the trading platform
Tradegate in an initial reaction by more than seven percent after
above. Vonovia, however, was unmoved
ISIN DE000A0HN5C6 DE000A1ML7J1
AXC0361 2020-04-22 / 20:38
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