By Carlo Martuscelli

Vonovia SE (VNA.XE) said Tuesday that its mandatory acquisition of Hembla AB (HEM-B.SK) was successful after reaching the shareholder acceptance threshold to go ahead with the deal.

The German residential-property company said that after settlement, it will hold 94% of Hembla. Outstanding shareholders will be able to tender their shares until Jan. 8, Vonovia added.

Write to Carlo Martuscelli at carlo.martuscelli@wsj.com; @carlomartu

(END) Dow Jones Newswires

December 10, 2019 10:52 ET (15:52 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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