Vonovia SE said Monday that it is launching its public takeover offer at 53 euros ($62.01) per outstanding share for Deutsche Wohnen SE and that this will be its final attempt to buy the company after having failed already before.
The real-estate company had already said earlier this month that it had agreed with its German rival to launch the new offer after failing in July to reach the minimum acceptance threshold of 50% from Deutsche Wohnen’s shareholders when the offer price was at EUR52 a share. The new deal, worth roughly EUR19.1 billion, would create Europe’s largest....More>>>