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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'.[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.
≈$1.4B
1.00
