BERLIN (dpa-AFX) - Vonovia SE (DAIMF), a German residential property company, said Thursday it is regularly asked about a possible takeover of Deutsche Wohnen.
'Acquisitions are an integral part of our strategy, and we constantly monitor and analyze potential opportunities as a matter of course,' the company said.
However, Vonovia noted that such a transaction would only be conceivable if fundamental issues were resolved and the company received political support for such a transaction in Berlin, where the local government is currently making every effort to successfully combat the COVID-19 pandemic.
Vonovia said its primary focus is on addressing challenges related to the COVID-19 crisis in the best interest of its employees and customers. Currently, the company's highest priority is to actively deal with these issues.
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