Edition:
United States

Peter Dinkloh

GSW accepts Deutsche Wohnen offer, group to raise dividend

Oct 14 2013

FRANKFURT German Real estate company GSW said on Monday it would recommend its shareholders accept Deutsche Wohnen's takeover offer, taking the 1.7 billion euro bid (1.4 billion pounds) one step closer to a possible completion.

GSW accepts Deutsche Wohnen offer, group to raise dividend

Oct 14 2013

FRANKFURT German Real estate company GSW said on Monday it would recommend its shareholders accept Deutsche Wohnen's takeover offer, taking the 1.7 billion euro bid ($2.3 billion) one step closer to a possible completion.

Deutsche Wohnen makes $2.3 billion bet on Berlin property with GSW bid

Aug 20 2013

FRANKFURT Deutsche Wohnen offered to buy rival residential landlord GSW Immobilien for 1.8 billion euros ($2.3 billion, £1.47 billion) to expand in Berlin's booming rental market and tap nascent interest from international investors.

Deutsche Wohnen makes $2.3 billion bet on Berlin property with GSW bid

Aug 20 2013

FRANKFURT Deutsche Wohnen offered to buy rival residential landlord GSW Immobilien for 1.8 billion euros ($2.3 billion) to expand in Berlin's booming rental market and tap nascent interest from international investors.

Deutsche Annington to beat peers on dividend -analyst report

Jun 13 2013

FRANKFURT, June 13 Deutsche Annington, which is planning a flotation worth over 1 billion euros ($1.33 billion), aims to pay out a higher proportion of its earnings as a dividend than its peers, according to a report from Morgan Stanley.

Hochtief shares jump after $1.4 billion airport sale

May 07 2013

ESSEN, Germany Germany's Hochtief AG has agreed the $1.4 billion (901.3 million pounds) sale of its airports division, ending a lengthy quest for a buyer and giving fresh impetus to a strategy rethink led by its CEO appointed just six months ago.

Lufthansa threatened with strikes as union rejects wage offer

Apr 17 2013

FRANKFURT Deutsche Lufthansa was threatened with a second round of strikes as labour union Verdi, representing thousands of staff at the airline, rejected as "unacceptable" an offer for wage increases from the company.

Lufthansa threatened with strikes as union rejects wage offer

Apr 17 2013

FRANKFURT, April 17 Deutsche Lufthansa was threatened with a second round of strikes as labour union Verdi, representing thousands of staff at the airline, rejected as "unacceptable" an offer for wage increases from the company.

Germany's IVG seeks to save Gherkin fund from liquidation

Mar 20 2013

FRANKFURT/LONDON, March 20 German real estate company IVG Immobilien is seeking to save the investment fund that owns part of London's landmark Gherkin office block from potential liquidation, as financing banks demand the 180 meter tower reduces its debt.

Fraport expects zero passenger growth at Frankfurt hub

Mar 13 2013

FRANKFURT German airport operator Fraport predicted zero growth in passenger numbers at its main Frankfurt hub this year and lower net profit as a weak economic climate prompts airlines to reduce capacity.

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