Zalando Takes a Giant Leap Towards Full Ownership of ABOUT YOU

In a significant development, Zalando SE has made substantial progress in its takeover bid for ABOUT YOU Holding SE, securing over 90% of the target company’s share capital without relying on treasury shares. This milestone marks a crucial step towards Zalando’s ultimate goal of acquiring ABOUT YOU in its entirety.

The successful completion of the public takeover offer has paved the way for Zalando to implement a squeeze-out of minority shareholders, a move that will bring the company one step closer to full ownership of ABOUT YOU. The final results of the takeover offer are expected to be published soon, providing a clear indication of the next phase in this high-stakes acquisition.

Key Highlights of the Takeover Bid

• Zalando has secured over 90% of ABOUT YOU’s share capital without using treasury shares
• The public takeover offer has been successfully completed
• A squeeze-out of minority shareholders is expected to be implemented
• The final results of the takeover offer will be published soon

The takeover bid has sent shockwaves through the e-commerce industry, with many analysts speculating about the potential implications of Zalando’s full ownership of ABOUT YOU. As the dust settles, one thing is clear: Zalando is determined to assert its dominance in the market, and ABOUT YOU is the next piece in the puzzle.

What’s Next?

The coming weeks will be crucial in determining the fate of ABOUT YOU. As the final results of the takeover offer are published, investors and stakeholders will be watching closely to see how the acquisition unfolds. Will Zalando’s takeover bid prove to be a masterstroke, or will ABOUT YOU’s minority shareholders resist the squeeze-out? Only time will tell, but one thing is certain: the e-commerce landscape is about to undergo a significant transformation.