Tuesday, 15 April 2025
Thursday, 10 April 2025
Prada Strikes $1.4 Billion Deal for Versace
Deal talks had been dragging on with market turmoil
Updated ET
Prada 1913 4.93%increase; green up pointing triangle said it would acquire Versace from fashion conglomerate Capri Holdings CPRI -10.27%decrease; red down pointing triangle for $1.38 billion, salvaging a deal that was at risk of collapsing because of the market upheaval.
The deal was announced Thursday, confirming an earlier report by The Wall Street Journal.
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