Prada Expected to Decide on Versace Acquisition This Week

Reported 1 day ago

Prada is poised to finalize its decision regarding the potential acquisition of Versace, with an announcement possibly coming as soon as April 10. The deal, which would unite two prominent names in Italian fashion, is reportedly being negotiated at a renegotiated price of around 1 billion euros, significantly lower than earlier estimates. With ongoing market complexities and Versace's recent financial struggles, the outcome remains closely watched by industry analysts.

Source: YAHOO

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