Finance
German e-retailer Zalando makes takeover bid for rival About You
German e-retailer Zalando makes takeover bid for rival About You
Published by Global Banking and Finance Review
Posted on December 11, 2024

Published by Global Banking and Finance Review
Posted on December 11, 2024

(Reuters) - German online retailer Zalando on Wednesday said it intends to acquire fashion holding About You for 6.50 euros ($6.84) per share, as part of plans to form a pan-European e-commerce platform.
($1 = 0.9502 euros)
(Reporting by Andrey Sychev, editing by Rachel More)
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