Deutsche Wohnen and Vonovia have entered into a Business Combination Agreement which sets out the key elements of the transaction. The company announced that Michael Zahn, CEO of Deutsche Wohnen, is to be appointed Vice Chairman of the Executive Board and Philip Grosse, CFO of Deutsche Wohnen, is to be appointed Chief Financial Officer of Vonovia. Furthermore, an Executive Committee is to be formed below the Management Board, to which Henrik Thomson, CDO of Deutsche Wohnen, and Lars Urbansky, COO of Deutsche Wohnen, will belong.
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