Zalando said on Monday it launched the public tender offer for rival About You, following the approval of the German Federal Financial Supervisory Authority BaFin.
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The acceptance period starts today and is expected to end on Feb. 17, it added, saying that the takeover offer is not subject to a minimum acceptance threshold.
The deal was announced in December, with Zalando saying it was offering 6.50 euros ($6.71) per share in cash.
