Deutsche Wohnen Slumps After Offering to Buy LEG in Record DealBy , , and
Residential landlord offers 3.3 of its own shares per LEG one
LEG's board accepts offer valuing company at 4.6 billion euros
Deutsche Wohnen AG, Germany’s second-largest residential landlord by market value, dropped the most in almost five years after offering to buy competitor LEG Immobilien AG as it strives to keep up with market leader Vonovia SE.
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