VIENNA (Reuters) - Austrian anti-trust authorities have approved Deutsche Wohnen's (DE:DWNG) offer to buy Austrian real estate peer Conwert (VI:CONW) for 1.2 billion euros (873.9 million pounds), according to a document from competition watchdog BWB seen by Reuters.
No checks of the offer have been requested by officials, meaning that Austrian authorities will allow the deal, a BWB spokesman said on Monday.
The offer, which has a minimum acceptance threshold of 50 percent plus one Conwert share, ends on April 15.