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Zalando to buy rival About You in €1.1bn deal

By Michele Maatouk

Date: Wednesday 11 Dec 2024

(Sharecast News) - German online fashion retailer Zalando said on Wednesday that it has agreed to buy About You in a deal that values its rival at around €1.1bn.
Under the terms of the agreement, Zalando plans to submit a voluntary public tender offer of €6.50 per share, which the board...

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