Cederquist advisor to Vonovia in connection with the mandatory public offer on Hembla

Earlier during the fall, Cederquist advised the German real estate company Vonovia in relation to Vonovia’s acquisition of a majority stake in the Swedish real estate company Hembla. Upon completion of the share acquisition, a mandatory bid obligation was triggered and Vonovia has now launched a mandatory offer for the remaining shares in Hembla.

The offer values Hembla, based on all outstanding shares in the company, at approximately SEK 20 billion. The total value of the offer, based on the shares in Hembla which are not already held by Vonovia, amounts to approximately SEK 7.2 billion.

Cederquist’s team includes Wilhelm Lüning, Fredrik Lundén, Anna Green Jensen, Julia A. Nilsson and Filip Gyulai (ECM), Fredrik Lindblom and Angelo Skog (competition) as well as Per Henriksson and Marcus Hjorth (financing).

For further information, please visit the transaction website: https://en.vonovia-h.de