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Vonovia SE To Discuss Business Combination of Vonovia & Deutsche Wohnen SE Call Transcript
Dear ladies and gentlemen, welcome to the Vonovia Analyst and Investor Call for the business combination of Vonovia and Deutsche Wohnen. At our customers' request this conference will be recorded. (Operator Instructions) May I now hand over to Rene, who will lead you through this conference. Please go ahead.
Thank you, Martin, and thanks, everyone, for joining this call. Your hosts today are CEO, Rolf Buch; and CFO, Helene von Roeder, as you would expect. For anyone who has not seen the presentation yet, please go to our website and look at the section, Trend Actions. And with that, let's get started, and I'll hand you over to Rolf.
Thank you very much, Rene. So also a warm welcome from my side. I think you have the presentation in front of you. Let me give you a short summary. So we are doing an all-cash consideration of 100% of the Deutsche Wohnen share in all cash. Why all cash? It was the most
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