LEG Immobilien does not see itself as takeover candidate
LEG Immobilien, the German real estate group, does not believe it is a takeover candidate, Boersen-Zeitung reported. The newspaper quoted Thomas Hegel, the chief executive of LEG Immobilien. The article pointed out that there have been a couple of mergers on the German real estate market recently. However, Hegel said in the report that he does not see LEG Immobilien as the next target due to its high share price and its focused business model.
LEG Immobilien has a market cap of EUR 3.973bn.
Boersen-Zeitung