Shortly before the end of the first acceptance period for its 18 billion euro takeover offer for competitor Deutsche Wohnen, the Vonovia housing group convinced other shareholders in Berlin to accept its offer.
However, the Bochumers still have a long way to go before they reach the minimum acceptance rate of more than 50 percent in Deutsche Wohnen.
The total number of Deutsche Wohnen shares to be taken into account for the minimum acceptance threshold for the Vonovia offer was around 33.93 percent of the share capital and voting rights of Berliners on Tuesday evening: Vonovia announced this on Wednesday.
At the end of June it was around 18.43 percent.
The first deadline for accepting the takeover offer ends on Thursday night at midnight.
Vonovia has to get more than 50 percent of the shares.
Usually the lion's share of the shares are tendered at the end of the period.
Deutsche Wohnen backed the takeover offer.
Vonovia is offering the shareholders of its Berlin competitor 52 euros per share.
The Federal Cartel Office had already approved the plans.