Deutsche Wohnen CEO Zahn Says Not Opposed to Being Acquired

Deutsche Wohnen AG, Germany’s second-biggest listed property company, would not stand in the way of a takeover by a larger competitor if such a deal would be better for shareholders.

“I’m always thinking about what’s best for investors,” Deutsche Wohnen Chief Executive Officer Michael Zahn said on a conference call with analysts and reporters to discuss 2014 earnings. Asked if the Berlin-based company wouldn’t be opposed to being bought if the result is better for investors, Zahn said: “Exactly.”