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- Apr 10, 202590% CONFIDENCEfrom the source
Prada Group Agrees to Acquire Versace From Capri Holdings
- Prada S.p.A. (1913:HK) agreed on 10 April 2025 to acquire 100% of Versace from Capri Holdings (NYSE:CPRI), with cash consideration based on an Enterprise Value of €1.25 billion, subject to closing adjustments[1]
- Founded in Milan in 1978, Versace will keep its 'creative DNA' while gaining Prada Group's industrial, retail and operational platform, the release said[1]
- Patrizio Bertelli, Prada Group Chairman, said the group aimed 'to continue Versace's legacy celebrating and re-interpreting its bold and timeless aesthetic'[1]
- Group CEO Andrea Guerra called it 'another step in the evolutionary journey' of the group[1]
- Capri's own 8-K confirmed the same April 10, 2025 agreement date[2]
References 290% CONFIDENCE
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- [1]90%pradagroup.com/en/news-media/press-releases-documents/2025/25-04-10-prada-group-versace.htmlpradagroup.com· Posted Sep 25, 2026· Starts Apr 10, 2025 ✓· 89% of score
Prada's release is dated 'Milan, 10 April 2025' and states Prada 'today announces that it has entered into a definitive agreement to acquire 100% of Versace from Capri Holdings'.
- [2]90%Capri Holdings Limited - Form 8-K (Versace sale agreement)sec.gov· Published Apr 10, 2025· 11% of score
Capri Holdings' own SEC filing, dated April 10, 2025, disclosing the agreement to sell Versace to Prada, confirming the deal from the seller's side.
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