Pursuits
Vonovia CEO Buch Says Deutsche Wohnen Takeover Bid Is Final
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Vonovia SE’s 9.9 billion-euro ($11 billion) bid for Deutsche Wohnen AG is its "best and final offer," according to Chief Executive Officer Rolf Buch.
"We are convinced the offer we’re making is very attractive for all participants, including Deutsche Wohnen shareholders and Vonovia shareholders," Buch said on a conference call with reporters to discuss earnings released Tuesday. "I see no need to do anything here.”