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Blackstone lures Deutsche Wohnen fans to €107m block.

  • Periodical
  • Euroweek. 9/27/2013, Issue 1324, p1-7. 7p. 38 Charts.
  • The article reports on the 107 million euros stake in German real estate fund Deutsche Wohnen sold by Blackstone on September 23, 2013. The bank has sold a 4.8% stake, or 8.15 million shares, in Deutsche Wohnen, for 13.10 euros each, a 3.3% discount. The deal was launched with an initial price guidance set at 13.05 euros and closed at 13.55 euros, offering up to a 3.7% discount.
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