|Bid||52.50 x 0|
|Ask||55.18 x 0|
|Day's range||53.62 - 54.16|
|52-week range||48.71 - 61.58|
|Beta (5Y monthly)||0.40|
|PE ratio (TTM)||7.09|
|Forward dividend & yield||1.69 (3.18%)|
|Ex-dividend date||19 Apr 2021|
|1y target est||N/A|
BERLIN (Reuters) -German residential rental companies Vonovia and Deutsche Wohnen are selling almost 15,000 apartments to Berlin for 2.46 billion euros ($2.90 billion), the companies said on Friday. The acquisition comes nine days before elections in the German capital, where housing shortages and rapidly rising prices have become a hot issue. An advisory referendum on expropriating the two housing companies is due to be held in parallel with the city election.
(Bloomberg) -- Vonovia SE is selling the biggest euro corporate bond deal for almost a year, as it bolsters its finances to swallow a competitor.The German landlord will raise 5 billion euros ($5.9 billion) through Thursday’s multi-part sale, with strong demand cutting pricing on the deal, according to a person familiar with the matter, who asked not to be identified. That’s the biggest transaction in the currency since a 6.25 billion-euro six-part deal from Medtronic Plc last September. Part of
FRANKFURT (Reuters) -German real estate company Vonovia is launching a fresh attempt to buy rival Deutsche Wohnen with a sweetened bid valuing the company at 19.1 billion euro ($22.7 billion), it said on Sunday. Vonovia is planning to submit a new offer at 53 euros per Deutsche Wohnen share, subject to approval by German financial watchdog BaFin. Last month, Vonovia narrowly missed the 50% threshold with its agreed bid worth 52 euros a share.