Prada moving closer to $1.6 billion deal for Versace, Bloomberg News reports
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Prada is nearing a $1.6 billion deal to acquire Versace from Capri Holdings, as reported by Bloomberg News.
March 02, 2025 | 7:00 pm
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Capri Holdings is reportedly selling Versace to Prada for $1.6 billion, which could impact its stock price.
The sale of Versace could provide Capri Holdings with significant capital, potentially boosting its stock price in the short term.
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