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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.
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(END) Dow Jones Newswires
November 22, 2019 01:58 ET (06:58 GMT)
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