Brief: Zalando And ABOUT YOU Complete Transaction, Target 100 Mln Euros Annual EBIT Synergies
11/07/2025 10:53
July 11 (Reuters) - ZALANDO SE ZALG.DE: ZALANDO AND ABOUT YOU SUCCESSFULLY COMPLETE TRANSACTION AND TEAM UP TO LEAD THE WAY IN EUROPEAN FASHION AND LIFESTYLE E-COMMERCE BUYS 91.45% OF ABOUT YOU'S SHARE CAPITAL PLANS SQUEEZE-OUT OF ABOUT YOU MINORITY SHAREHOLDERS TARGETS 100 MILLION EUROS ANNUAL EBIT SYNERGIES EXPECTS 5-10% CAGR IN GMV AND REVENUE UNTIL 2028 ABOUT YOU'S MANAGEMENT BOARD MEMBERS SEBASTIAN BETZ, TAREK MÜLLER, AND HANNES WIESE WILL CONTINUE IN THEIR CURRENT ROLES AS PART OF COMBINED GROUP Source text: ID:nEQ3xj3lQa Further company coverage: ZALG.DE (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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