Brief: Zalando Announces Takeover Offer For About You

ABOUT YOU Holding SE

11/12/2024 06:58

Dec 11 (Reuters) - ZALANDO SE  ZALG.DE :
    * AGREEMENT ON BUSINESS COMBINATION AND PUBLIC TAKEOVER
OFFER TO
THE SHAREHOLDERS OF ABOUT YOU HOLDING SE.
    * ANNOUNCES TAKEOVER OFFER FOR ABOUT YOU HOLDING SE
    * COMBINED BUSINESS OF ZALANDO AND ABOUT YOU AIMS AN
ADJUSTED EBIT
MARGIN OF BETWEEN 10% AND 13%.
    * MEMBERS OF MANAGEMENT BOARD OF ABOUT YOU WILL ACQUIRE A
CERTAIN
NUMBER OF ZALANDO SHARES AS PARTICIPATION IN COMBINED COMPANY,
WHICH ZALANDO CURRENTLY HOLDS AS TREASURY SHARES

Source text:  ID:nEQ7kRMc4a 
Further company coverage:  ZALG.DE 

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