Zalando announces initial public offering

Wednesday 10 September 2014 13:02 CET | News

Zalando, the German-based fashion company, has announced its IPO for the Frankfurt Stock Exchange.

The statement announces the sale of between 10% and 11% of the company in the offering, while the exact amount of money to be required is unclear.

All existing shareholders of Zalando will remain invested and will not sell any shares as part of the offering, whereby currently the largest 5 shareholders are Investment AB Kinnevik (36%), Global Founders (17%), Anders Holch Povlsen (10%), DST Europe (8%) and Holtzbrinck Ventures (8%).


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Keywords: Zalando, Germany, ecommerce, e-tailer, online platform, Customers, IPO, exchange, stocks
Categories: Payments & Commerce
Countries: World
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