ZALANDO AND ABOUT YOU RECEIVE FINAL REGULATORY CLEARANCE TO TEAM UP, WITH CLOSING PLANNED FOR 11 JULY, 2025
Berlin / Hamburg | July 1, 2025 – Zalando SE (“Zalando”) today announced that the European Commission granted merger control clearance for the voluntary public takeover offer to the shareholders of ABOUT YOU Holding SE (“ABOUT YOU”) and further share purchase agreements, thus fulfilling all closing conditions for the transaction. The takeover offer is planned to be settled on 11 July 2025.
Through the settlement, shareholders who accepted the offer will receive the offer price of EUR 6.50 per tendered ABOUT YOU share. With an acceptance ratio of 20.56% and taking into account further share purchase agreements entered into in the context of the takeover offer and further market purchases, Zalando has secured more than 90% of ABOUT YOU’s share capital (excluding treasury shares).
Zalando still has the firm intention as a next step to carry out a squeeze-out of the remaining minority shareholders of ABOUT YOU and to acquire the remaining ABOUT YOU shares against adequate cash compensation. The squeeze-out shall take place as part of a merger of ABOUT YOU into a wholly owned subsidiary of Zalando.
Further information is available at https://www.the-perfect-fit.de
Press Contact
-
Laila HelmyHead of Corporate Communications | [email protected]
-
ABOUT YOU AND ZALANDO COMPLETE FINAL STEP OF THEIR STRATEGIC COMBINATIONRead more
Merger squeeze-out effective upon entry into the commercial register Delisting of ABOUT YOU shares from the regulated market (Prime Standard) of the Frankfurt Stock Exchange and Open Market Final step of the strategic combination between ABOUT YOU and Zalando legally completed BERLIN / HAMBURG, 6 NOVEMBER 2025 // With the exclusion of the remaining minority […]
-
ZALANDO AND ABOUT YOU SUCCESSFULLY COMPLETE TRANSACTION AND TEAM UP TO LEAD THE WAY IN EUROPEAN FASHION AND LIFESTYLE E-COMMERCERead more
Berlin / Hamburg | July 11, 2025 – Zalando SE (“Zalando”) and ABOUT YOU Holding SE (“ABOUT YOU”) today announced that they have completed their strategic combination, allowing them to serve customers and partners across Europe better. With their complementary Business-to-Consumer and Business-to-Business offerings, the two founder-led companies will build a pan-European ecosystem for fashion […]
-
ABOUT YOU AND ARTIST THOMAS LÉLU PRESENT THE FIRST COLLECTION OF THE NEW LABEL TODAY I DID NOTHINGRead more
Hamburg, May 21, 2025 – ABOUT YOU presents the first collection of the new label Today I did nothing together with the French artist Thomas Lélu. The online fashion store expands its exclusive portfolio of Celebrity Collections by ABOUT YOU with a creative collaboration that combines art and streetwear in a unique way. The collection is […]