Elliott seeks investigation into loan by Deutsche Wohnen to Vonovia

Deutsche Wohnen SE

22/05/2023 16:28

DUESSELDORF, May 22 (Reuters) - Activist investor
Elliott is calling for a special investigation into a loan that
property company Deutsche Wohnen  DWNG.DE   made to its top
shareholder Vonovia  VNAn.DE , documents filed ahead of a
Deutsche Wohnen shareholder meeting show.
    Cornwall, an investment vehicle owned by Elliott, wants
shareholders to vote to install an independent investigator to
examine the loan at the shareholder meeting slated for June 15.
    Deutsche Wohnen's supervisory board said that it did not see
any need for an investigation.
    

 (Reporting by Matthias Inverardi; writing by Tom Sims. Editing
by Jane Merriman)
 ((Tom.Sims@thomsonreuters.com; +49 30 220 133 645;))