Deutsche Wohnen raises 195 mln eur for takeovers

FRANKFURT Wed Jan 16, 2013 4:11am EST

Related Topics

FRANKFURT Jan 16 (Reuters) - German real estate company Deutsche Wohnen raised 195 million euros ($260 million) from a capital increase to finance takeovers.

The company sold about 15 million new shares for 13.35 euros apiece, it said on Wednesday. ($1 = 0.7492 euros) (Reporting by Peter Dinkloh)