Capri Holdings (CPRI) announced that it has entered into a definitive agreement to sell Versace to Prada (PRDSY) for $1.38B in cash subject to certain adjustments.

Capri Holdings To Sell Fashion Luxury House Versace To Prada S.p.A. For $1.375 Bln In Cash April 10, 2025 — 08:52 am EDT Written by RTTNews.com for RTTNews-> ...

ROME (AP) — The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable ...

The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion house at 1.25 billion euros ($1.4 billion.

Capri Holdings Limited CPRI saw its shares tick higher in Thursday’s premarket action after the company unveiled a definitive agreement to divest the luxury fashion house Versace to Prada S.p.A ...

MILAN — After months of speculation, Prada finally confirmed it is acquiring 100 percent of Versace from Capri Holdings for 1.25 billion euros. On Thursday, the day Prada ’s exclusive talks ...

It will be funded by 1.5 billion euros in new debt and has been approved by the Prada and Capri Holdings board of directors. A logo of Prada is seen at a store in Hong Kong Sunday, June 12, 2011.

It will be funded by 1.5 billion euros in new debt and has been approved by the Prada and Capri Holdings board of directors. A logo of Prada is seen at a store in Hong Kong Sunday, June 12, 2011.