Vonovia Now Owns 94 Percent of Hembla

Rolf Buch, CEO of Vonovia.

Image: Vonovia

Vonovia Now Owns 94 Percent of Hembla

Sweden — Vonovia now holds 95.3 percent of the votes and 94.1 percent of Hembla's capital and will now work to delist the company from Nasdaq Stockholm.

2019-12-11

The bid obligation bid is SEK 215 per share. The offer is now extended to January 8.

Since Vonovia will hold more than 90 percent of the total number of shares in Hembla, Vonovia will call for compulsory redemption of the remaining shares in Hembla and will also act to delist Hembla's B shares from Nasdaq Stockholm.

Axel Ohlsson

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