The baby article online shop wants to file for bankruptcy after talks with potential investors broke up. The company announced on Friday in Munich that negotiations with several investors had failed. For this reason, additional funds required could no longer be covered by external donors.

The Executive Board therefore came to the conclusion that the forecast for the continued existence of the company could no longer be maintained.

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Accordingly, the application for the opening of insolvency proceedings for SE should be filed “immediately”. The website was not available late Friday afternoon “due to maintenance work”.

A planned capital increase failed in July. Two investors originally wanted to acquire new shares for up to EUR 5.5 million as part of the measure. went public in 2015 and took in 211 million euros. However, the hype surrounding the company was short-lived.

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