Activist investor Elliott is calling for a special investigation into a loan that property company Deutsche Wohnen (DWNG.DE) made to its top shareholder Vonovia (VNAn.DE), documents filed ahead of a Deutsche Wohnen shareholder meeting show.
Cornwall, an investment vehicle owned by Elliott, wants shareholders to vote to install an independent investigator to examine the loan at the shareholder meeting slated for June 15.
Deutsche Wohnen’s supervisory board said that it did not see any need for an investigation.