Pursuits
Deutsche Annington to Seek Up to $763 Million in IPO
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Deutsche Annington Immobilien SE, Germany’s largest residential landlord, is going ahead with an initial public offering that would raise about half the amount originally planned a week after postponing the sale.
Deutsche Annington, controlled by Guy Hands’s Terra Firma Capital Partners Ltd., plans to raise as much as 592.4 million euros ($763 million), the company said in a statement today. It had previously sought 1.1 billion euros.