Finance
Zalando places public tender offer for About You
Published by Global Banking & Finance Review®
Posted on January 20, 2025
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 20, 2025
1 min readLast updated: January 27, 2026
Zalando has launched a public tender offer for About You, approved by BaFin, with the acceptance period ending February 17. The offer is 6.50 euros per share.
(Reuters) - Zalando said on Monday it launched the public tender offer for rival About You, following the approval of the German Federal Financial Supervisory Authority BaFin.
The acceptance period starts today and is expected to end on Feb. 17, it added, saying that the takeover offer is not subject to a minimum acceptance threshold.
The deal was announced in December, with Zalando saying it was offering 6.50 euros ($6.71) per share in cash.
($1 = 0.9692 euros)
(Reporting by Isabel Demetz, Editing by Miranda Murray)
Zalando is offering 6.50 euros ($6.71) per share in cash for About You.
The acceptance period for the public tender offer starts today and is expected to end on February 17.
No, the takeover offer is not subject to a minimum acceptance threshold.
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