|Bid||52.90 x 7600|
|Ask||52.92 x 56500|
|Day's Range||52.90 - 52.96|
|52 Week Range||38.03 - 53.04|
|Beta (5Y Monthly)||0.23|
|PE Ratio (TTM)||12.48|
|Forward Dividend & Yield||1.03 (1.97%)|
|Ex-Dividend Date||Jun 02, 2021|
|1y Target Est||N/A|
German property group LEG Immobilien is looking at expanding abroad and would also consider buying flats from Vonovia or Deutsche Wohnen should their merger go through, its CEO told Reuters on Tuesday. Germany's two biggest listed landlords Vonovia and Deutsche Wohnen have revived merger plans that are controversial in Germany because of tensions over soaring rents ahead of general elections in September. "If there are opportunities abroad we would look at that," CEO Lars von Lackum said in an interview, adding that neighbouring countries such as the Netherlands or Denmark were of interest.
(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.