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Vonovia passes 50% acceptance threshold for BUWOG shares in takeover offer

Vonovia SE has exceeded the 50%-plus-one-share acceptance threshold in its takeover offer for BUWOG AG.

The residential real estate company had received 73.7% of BUWOG's shares as of the expiration of the initial acceptance period March 12.

There will be an additional acceptance period for the shares starting March 16 and ending June 18.