Statement by the independent bid committee of Hembla in view of Vonovia’s cash offer
Hembla’s independent bid committee unanimously recommends the shareholders not to accept Vonovia’s cash offer. Background This statement is made by Hembla AB (publ)’s (“Hembla” or the “Company”) independent bid committee pursuant to section II.19 of the Nasdaq Stockholm takeover rules (the “Takeover Rules”). Vonovia SE[1], through its indirectly wholly-owned subsidiary HomeStar InvestCo AB[2] (“Vonovia”), has on 7 November 2019 announced a cash offer to the