BaFin launches probe into Zalando statements, shares fall
BUZZ-BaFin launches probe into Zalando statements, shares fall Updates share move, milestone in 1st and 5th bullets, adds request for comment in 3rd bullet
** Shares in Zalando ZALG.DE fall 5% after Germany's finance watchdog BaFin launched an investigation into the online fashion retailer's consolidated financial statements as of December 31, 2025 and an accompanying management report
** Information regarding a transaction with a related party in connection with the acquisition of About You YOUG.DE may have been incorrectly omitted from notes to consolidated financial statements, according to BaFin
** The company did not immediately respond to a request for comment
** "Seems not as harsh as Gerresheimer GXIG.DE transaction on first sight but will it help?" a local trader says
** The stock sits at the bottom of Germany's blue-chip index .GDAXI and is among the worst performers on the pan-European STOXX 600 .STOXX index
(Reporting by Ozan Ergenay)
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