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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 firstname.lastname@example.org; @carlomartu
(END) Dow Jones Newswires
December 10, 2019 10:52 ET (15:52 GMT)
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