German RE Firm Deutsche Wohnen Eyes €2B Deal For Rival
The bid comes as GSW is leaderless, after shareholders passed a vote of no-confidence against newly minted CEO Bernd Kottmann, who resigned July 15. GSW said that it would review Deutsche Wohnen's offer before making a decision.
Deutsche Wohnen denied that GSW's leadership troubles triggered the proposed merger, saying that...
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