Vonovia Controls 72.3% of Votes in Hembla
22 November 2019 - 8:13AM
Dow Jones News
By Giulia Petroni
Vonovia SE (VNA.XE) said Thursday that it currently controls
approximately 72.3% of voting rights in Hembla AB (HEM-B.SK).
The German real-estate company said it now owns about 65% of the
Swedish residential company's share capital.
Earlier this month, Vonovia launched a mandatory cash offer for
Hembla of 19.98 billion Swedish kronor ($2.07 billion), offering
SEK215 in cash per B-share to all remaining shareholders.
The offer expires on Dec. 9, the company said.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
November 22, 2019 01:58 ET (06:58 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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