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Vonovia Says Currently Controls 72.3% Of Votes In Hembla

Vonovia said that it currently controls 72.3% of the votes in Hembla, since Vonovia announced its acquisition of Blackstone's shares in Hembla and its mandatory cash offer to the shareholders of Hembla.

On 7 November 2019, Vonovia launched a mandatory offer for the remaining shares in Hembla. Vonovia offers 215 Swedish kronor in cash per B-share in Hembla. The offer values all shares in Hembla to about 19.979 billion kronor.

The acceptance period for the offer ends on 9 December 2019.

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