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Petrus Advisers declines Conwert offer to minority shareholders of KWG

Petrus Advisers, the second largest investor in KWG Kommunale Wohnen AG, has declined Conwert offer to minority shareholders of KWG Kommunale Wohnen and offers representations to other shareholders. The shareholder rejectes the offer by Conwert Immobilien SE for up to 13.47 pct in KWG at €10.80 ($12.20) per share. …

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