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Zalando plunges after German regulator opens accounting review

Zalando plunges after German regulator opens accounting review
The Next Web

Germany’s financial regulator is reviewing a disclosure tied to the About You takeover. Zalando says it is formal and not material. The market disagreed, briefly. It took one regulatory headline to wipe a fifth off Zalando’s value. Shares in the German online fashion retailer fell as much as 20% in Tradegate premarket trading on Friday […] This story continues at The Next Web

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