FRANKFURT (Reuters) - Vonovia (DE:VNAn), Germany's biggest residential property company, on Thursday announced that it would make a public cash offer for Swedish real estate company Victoria Park AB (ST:VICPA) for a total of 9.56 billion Swedish krona ($1.08 billion).
Vonovia said it would tap equity markets for approximately 1 billion euros for the deal and that the offer would be fully financed by a bridge facility.
($1 = 8.8902 Swedish crowns)