Italy's Prada Agrees To Buy Rival Versace For USD 1.38 billion
Prada will acquire Versace from Capri Holdings for 1.25 billion euros, creating a luxury group with over six billion euros in revenue. The deal aims to compete with LVMH and Kering.
Prada will acquire Versace from Capri Holdings for 1.25 billion euros, creating a luxury group with over six billion euros in revenue. The deal aims to compete with LVMH and Kering.
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