Prada Completes $1.37 Billion Versace Acquisition

Date:

A man walks past a Prada shop in Geneva, Switzerland, on Nov. 16, 2020. Denis Balibouse/ReutersFashion giant Prada said on Dec. 2 it had completed the acquisition of Versace from Capri Holdings, closing a deal first announced in April.“Prada today announces the successful completion of the acquisition of Versace from Capri Holdings, after having received all required regulatory clearances,” the company said in a statement.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Microsoft Offers Buyouts, Meta Lays Off 10 Percent of Workforce

A sign for Microsoft at an event booth in...

US Consumer Sentiment Recovers Slightly on Ceasefire, Softer Gas Prices: UMich

Customers use a gas station in Los Angeles on...

The Perfect Time to Claim Social Security

Make the choice that’s right for you. Dreamstime/TCABy Sandra...

Businesses Seek Redress After Chinese Plastics Trading Platform Exposes Prepayment Risks

Business owners gather in Shanghai on April 20, 2026....