Prada Group Agrees to Acquire Versace From Capri Holdings
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins90% CONFIDENCEOverall confidence: 90%How well the pin's source and references back up its dates.Weighted average of how firmly 2 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterPrada'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'.[1]
Prada entered a definitive agreement to buy 100% of Versace from Capri Holdings for a cash consideration based on an enterprise value of €1.25 billion, adding the Milan-founded fashion house to its Prada and Miu Miu brands.
€1.3B
1.00
