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Zalando Gains EU Approval and Tops 90% Stake in ABOUT YOU with €6.50 Offer

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The European Commission has given German online retailer Zalando permission to acquire domestic rival About You. The deal does not raise competition concerns and will continue to offer consumers and brands a wide range of alternatives, Brussels announced.

·Ljubljana, Slovenia
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Mediafax The European Union Executive approved the merger because it "does not raise competition problems, given the limited impact on the markets in which the two companies operate" appears in the Communication. Despite the fact that, "a large number of alternatives will remain available for consumers and brands", the European Commission added, according to it. Last December, Zalando announced that it has launched an offer of promotion of its A…

Zalando and About You plan to go along a common path. This will change a lot for customers.

The European Commission has given German online retailer Zalando permission to acquire domestic rival About You. The deal does not raise competition concerns and will continue to provide consumers and brands with a range of alternatives, it was announced in Brussels today.

rnd.dernd.de
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LVZ - Leipziger VolkszeitungLVZ - Leipziger Volkszeitung

The fashion retailer Zalando wants to swallow a competitor – to the displeasure of its shareholders. Competition guardians from Brussels have now approved the deal.

·Germany
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boerse-social.com broke the news in on Wednesday, July 2, 2025.
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