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Deutsche Wohnen SE (DWHHF)

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21.110.00 (0.00%)
At close: 01:17PM EST
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  • Reuters

    Vonovia aims for more growth after record year and rival takeover

    German real estate giant Vonovia said on Friday it is on course for "significant growth" after a record year and the acquisition of smaller rival Deutsche Wohnen in 2021. Vonovia expects to fully integrate Deutsche Wohnen by the beginning of 2023 and said it was sticking to a synergy target of 105 million euros in 2024 after the takeover.