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Prada closing in on Versace takeover

Prada Moving in on $1.6 Billion Deal for Versace

Prada and Capri—also owner of brands including Jimmy Choo and Michael Kors—could finalise a deal for Versace in March, the report said, citing unnamed sources. Talks between t

Markets Insider on MSN · 17h

Capri jumps on report Prada is nearing $1.6 billion deal for Versace

A report said Prada and Capri Holdings had agreed a 1.5 billion euro price tag for Versace, sending stock in both companies higher.

Reuters · 23h

Prada closing in on Versace takeover: report

Italian luxury group Prada is moving closer to a deal to buy Versace from upmarket fashion group Capri Holdings after agreeing to a price of nearly 1.5 billion euros ($1.6 billion), Bloomberg News reported on Sunday. Ciara Lee reports. India and Pakistan cricket fans both confident as arch-rivals clash

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Analysis-Versace would widen Prada's reach but fixes could hit short-term profits

An acquisition of Versace by Italian luxury group Prada would create a company with a broader base that is more resistant to ...

12don MSN

Prada eyes potential bid for luxury fashion brand Versace

Prada has ordered a review of the luxury brand after gaining access to its latest financial and sales figures, according to a ...

Miuccia Prada Hints Fashion House and Rivals Looking at Versace

Prada SpA’s co-owner has hinted that it’s looking at a potential deal to buy Versace but says the brand has also drawn ...

21h

Prada Expected to Post Higher Revenue, Profit -- Earnings Preview

--SUCCESSION PLANS: Investors will also focus on the company's succession plans. Lorenzo Bertelli, the son of Muccia Prada and of Prada's Chairman Patrizio Bertelli, should become the group chief ...

laconceria1d

As Prada puts the brakes on Versace, Exor saves cash for new M&A

And while Prada puts the brakes on Versace, Exor makes cash by selling 4% of Ferrari in exchange for 3 billion to finance new ...

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