Vonovia SE (OTCPK:VONOY)
$ 16.11 0.22 (1.38%) Market Cap: 26.51 Bil Enterprise Value: 28.47 Bil PE Ratio: 0 PB Ratio: 1.02 GF Score: 67/100

Deutsche Wohnen SE to Discuss Business Combination Between Deutsche Wohnen and Vonovia SE Call Transcript

May 25, 2021 / 02:30PM GMT
Release Date Price: $30.29 (-2.92%)
Operator

Good afternoon, and welcome to the conference call of Deutsche Wohnen regarding the business combination with Vonovia SE. The conference call is hosted by Mr. Philip Grosse, CFO of Deutsche Wohnen. Presentation of the call is available on Deutsche Wohnen's website in the Investor Relations section. (Operator Instructions) However, at the end of the call, you will have the opportunity to ask questions. (Operator Instructions)

I'm now handing you over to Philip Grosse, CFO, to begin today's conference. Please go ahead.

Philip Grosse
Deutsche Wohnen SE - CFO & Member of Management Board

Thank you. Good afternoon, and thank you very much for joining on such short notice. Sector keeps busy, keeps all of us busy. I want to take the opportunity to very briefly run you through the key terms of the transaction that has been announced yesterday evening, as you have probably seen, and the corresponding business combination we entered into with our colleagues from Vonovia.

If you look at the terms of the proposed transactions, our shareholders will

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