Vonovia Shareholders in Favor of Biggest German Property Bid

  • Vote allows Vonovia to make formal offer for Deutsche Wohnen
  • Buch says Deutsche Wohnen's own purchases are defensive move

Vonovia SE shareholders voted in favor of a 9.9 billion-euro ($10.5 billion) hostile takeover bid that would cement its position as Europe’s second-largest publicly traded property company. 

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