About: http://data.cimple.eu/news-article/8eadb8bfaced5751dc579f4bca51630292fda3d1518dd643a4410595

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/8eadb8bfaced5751dc579f4bca51630292fda3d1518dd643a4410595 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Germany's top property group Vonovia announced Monday plans for a 19-billion euro merger with rival Deutsche Wohnen to form a giant in the sector. "In order to tackle both the housing shortage and climate change more robustly and efficiently, Vonovia and Deutsche Wohnen are joining forces," said a statement from the company. The proposed deal comes after two previous attempts failed to come off, the last having been rejected by Deutsche Wohnen in 2016. But this latest offer prices Deutsche Wohnen shares at well above their current market value, which stood at 44.99 euros on close of trade Friday on the Frankfurt exchange. The markets in Germany are closed for a public holiday Monday. Deutsche Wohnen shareholders will be offered 53.03 euros per share: 52 in cash and the rest as the company's dividend for the 2020 financial year, said the statement. The previous purchase offer in 2016 saw Deutsche Wohnen oppose the merger, saying the proposed price was too low. In Germany, where around 85 percent of residents are renters, Deutsche Wohnen and Vonovia play a premier role in the housing sector. The merger will give birth to a giant of more than 500,000 homes. The two promised to work closely with political decision makers on the sensitive issue of housing supply and prices. They pledged to limit rent increases until 2026 and to build new apartments in the capital Berlin, which has been hit for years by runaway rent and a lack of affordable housing. smk-jj/lc/jh
schema:headline	German property giants announce 19-bn-euro merger
schema:mentions	Dividend Public holiday Affordable housing Frankfurt Berlin Germany Global warming Vonovia Deutsche Wohnen The Merger (The Office)
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-05-24 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	62 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software