Deutsche Wohnen:Minority shareholder buyout (DPLTA): Difference between revisions

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(Created page with "== Ownership Structure == * The German Securities Act (WpHG) requires any share ownership that exceeds or go below threshold of 3%, 5%, 10%, 15%, 20%, 25%, 30%, 50% or 75% to...")
 
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* After Vonovia took 86.87% stake in November 2021<ref>https://www.eqs-news.com/company/deutsche-wohnen-se/news/5b7a575c-ea7c-11e8-902f-2c44fd856d8c?newsType=pvr,nvr</ref>, Vonovia mostly stopped publishing share ownership data, meaning that majority of those that held more than 3% stake in the company sold their shares to Vonovia. As such, it's currently hard to tell what institutional investors have in the company. However, there is a high chance that Elliot Investment still has its 3% stake<ref>https://ir.deutsche-wohnen.com/websites/dewohnen/English/6100/news.html?newsID=d0295f86-5151-4ac2-bc92-5ca674b7713a</ref> in Deutsche Wohnen given it refused to sell its shares in 2021<ref>https://www.bloomberg.com/news/articles/2024-09-19/vonovia-deal-offers-way-out-for-elliott-s-deutsche-wohnen-bet</ref>.  It also took Vonovia to court last year for taking a loan from Deutsche Wohnen<ref>https://www.reuters.com/business/elliott-seeks-investigation-into-loan-by-deutsche-wohnen-vonovia-2023-05-22/</ref>. Davidson Kempner is another institution that had concerns over the acquisition of Deutsche Wohnen shares by Vonovia and had filed for a court injunction. However, it later withdrew it<ref>https://www.handelsblatt.com/finanzen/immobilien/immobilienfusion-gefaehrlicher-praezedenzfall-hedgefonds-greift-vonovia-und-deutsche-wohnen-frontal-an/27638290.html</ref>. '''Davidson Kempner also had 3% stake in Deutsche Wohnen'''<ref>https://www.prnewswire.com/news-releases/statement-from-davidson-kempner-regarding-the-deutsche-wohnen-takeover-offer-by-vonovia-301383820.html</ref>.
* After Vonovia took 86.87% stake in November 2021<ref>https://www.eqs-news.com/company/deutsche-wohnen-se/news/5b7a575c-ea7c-11e8-902f-2c44fd856d8c?newsType=pvr,nvr</ref>, Vonovia mostly stopped publishing share ownership data, meaning that majority of those that held more than 3% stake in the company sold their shares to Vonovia. As such, it's currently hard to tell what institutional investors have in the company. However, there is a high chance that Elliot Investment still has its 3% stake<ref>https://ir.deutsche-wohnen.com/websites/dewohnen/English/6100/news.html?newsID=d0295f86-5151-4ac2-bc92-5ca674b7713a</ref> in Deutsche Wohnen given it refused to sell its shares in 2021<ref>https://www.bloomberg.com/news/articles/2024-09-19/vonovia-deal-offers-way-out-for-elliott-s-deutsche-wohnen-bet</ref>.  It also took Vonovia to court last year for taking a loan from Deutsche Wohnen<ref>https://www.reuters.com/business/elliott-seeks-investigation-into-loan-by-deutsche-wohnen-vonovia-2023-05-22/</ref>. Davidson Kempner is another institution that had concerns over the acquisition of Deutsche Wohnen shares by Vonovia and had filed for a court injunction. However, it later withdrew it<ref>https://www.handelsblatt.com/finanzen/immobilien/immobilienfusion-gefaehrlicher-praezedenzfall-hedgefonds-greift-vonovia-und-deutsche-wohnen-frontal-an/27638290.html</ref>. '''Davidson Kempner also had 3% stake in Deutsche Wohnen'''<ref>https://www.prnewswire.com/news-releases/statement-from-davidson-kempner-regarding-the-deutsche-wohnen-takeover-offer-by-vonovia-301383820.html</ref>.


[[File:DW ownership structure.png|left|thumb|648x648px|https://ir.deutsche-wohnen.com/websites/dewohnen/English/1400/shareholder-structure.html]]
[[File:DW ownership structure.png|left|thumb|747x747px|https://ir.deutsche-wohnen.com/websites/dewohnen/English/1400/shareholder-structure.html]]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
== References ==