Main content

Freshfields advises Vonovia on the sale of its stake in Deutsche Wohnen

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised the Bochum-based residential housing company Vonovia SE (‘Vonovia’) on the sale of its stake of approximately 4.7 per cent in Deutsche Wohnen SE by way of an accelerated bookbuilding procedure.

At the close of trading on 31 January 2019, the block of shares held by Vonovia had a market value of circa. €733.2m. The proceeds will be used to further strengthen the balance sheet.

The Freshfields team included partners Gregor von Bonin and Rick van Aerssen, and associates Timo U. Piller and Nikolaus Bunting, as well as partner Mark Strauch and associate Kyle Miller.

ENDS

Notes for editors

About Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on ground-breaking and business-critical mandates. Our 2,800 plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multi-national expertise and business know-how means our clients rely on us when it matters most. 
 
 

The Freshfields team was led by: