Frankfurt (dpa-AfX)-The online retailer About You flies out of the secondary index SDAX in the course of taking over by Zalando. Because the free float with the Hamburgers is now less than 10 percent, the company should be replaced by the T security service provider Secunet (Secunet Security Networks), said the German Börse subsidiary Stoxx Ltd. on Tuesday evening.
The implementation comes into force on Monday, March 24th. Index changes are particularly important for funds that reproduce indices real (physically replicating ETF). There must then be resounded accordingly, which can have a short time influence on the share prices.
According to last week, Zalando has now secured more than 90 percent of the ABOUT YOU share capital. As soon as the purchase of the shares is carried out after the authorities approved, Zalando wants to push the remaining minority shareholders of About You out of the company. According to the information, this could occur from the summer./ngu
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