DGAP-News: Deutsche Wohnen AG / Key word(s): Offer
Deutsche Wohnen AG: Majority of shareholders of Deutsche Wohnen declines
takeover offer by Vonovia
10.02.2016 / 13:25
The issuer is solely responsible for the content of this announcement.
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Majority of shareholders of Deutsche Wohnen declines takeover offer by
Vonovia
Frankfurt/Main and Berlin, 10 February 2016. Vonovia's hostile takeover
offer to the shareholders of Deutsche Wohnen failed. The minimum acceptance
threshold of 50 per cent of the share capital was clearly missed.
The Supervisory Board and Management Board of Deutsche Wohnen welcome the
clear vote. "We are pleased and thank our shareholders, employees and
tenants for their support," said Michael Zahn, CEO of Deutsche Wohnen. "Our
arguments against the transaction have convinced the market."
Deutsche Wohnen
Deutsche Wohnen is one of the largest publicly listed property companies in
Germany and Europe with a business focus on managing and developing its
residential property portfolio. As at 30 September 2015 the portfolio
comprised a total of 149,100 units, of which 147,000 are residential units
and 2,100 commercial properties. The company is listed in the Deutsche
Börse's MDAX and is also included in the leading indices EPRA/NAREIT and
GPR 100.
Important Notice
This publication represents neither an offer for sale nor request for
purchase of securities.
Any statements regarding the future in this document do not represent any
facts and use terms such "will", "expected", "believe", "estimate",
"intend", "strive", and "assume" and other similar phrases. The statements
express the intention, views and current expectations and assumptions of
Deutsche Wohnen and parties acting in concert with Deutsche Wohnen. The
statements directed at the future are based on current planning, estimates
and forecasts, which Deutsche Wohnen and the parties acting in concert with
Deutsche Wohnen have made to the best of their knowledge but do not contain
any statement about their future validity. Future-based statements are
subject to risks and uncertainties, which are generally difficult to
predict and are generally not in Deutsche Wohnen's sphere of influence or
that of the parties acting in concert with Deutsche Wohnen. Please note
that the actual results or events may deviate substantially from those
provided in or removed from the future-based statements.
Contact
Phone +49 (0)30 897 86-5413
Fax +49 (0)30 897 86-5419
ir@deutsche-wohnen.com
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10.02.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Deutsche Wohnen AG
Pfaffenwiese 300
65929 Frankfurt am Main
Germany
Phone: +49 (0)30 89786-0
Fax: +49 (0)30 89786-5419
E-mail: ir@deutsche-wohnen.com
Internet: http://www.deutsche-wohnen.com
ISIN: DE000A0HN5C6
WKN: A0HN5C
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News Service
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436169 10.02.2016
DGAP-News: Deutsche Wohnen AG: Majority of shareholders of Deutsche Wohnen declines takeover offer by Vonovia
| Source: EQS Group AG