Finance
Zalando Nears Finish Line in Acquiring Rival About You
Published by Global Banking & Finance Review®
Posted on March 7, 2025
1 min readLast updated: January 25, 2026
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Company
Published by Global Banking & Finance Review®
Posted on March 7, 2025
1 min readLast updated: January 25, 2026
Add as preferred source on GoogleZalando has secured 90% of About You's shares in a takeover offer, with final results due March 11. The acquisition enhances Zalando's market position.
(Reuters) - German e-retailer Zalando said on Friday that it has secured the purchase of 90% of About You's share capital in its public takeover offer, advancing further in plans to buy the smaller rival.
Zalando is set to buy the remaining shares for cash compensation and said the final results of the takeover offer, which expired March 6, will be published March 11.
(Reporting by Marleen Kaesebier in Gdansk; Editing by Ludwig Burger)
Zalando has secured the purchase of 90% of About You's share capital in its public takeover offer.
The final results of the takeover offer, which expired on March 6, will be published on March 11.
Zalando is set to buy the remaining shares for cash compensation.
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