Prada Nears Approval of Versace Deal Despite Tariffs
Prada SpA is nearing final approval to acquire struggling luxury brand Versace for around €1.25 billion ($1.4 billion) from Capri Holdings Ltd. despite the tariff-induced volatility, according to people familiar with the matter.
The board of the Milanese company, controlled by billionaire designer Miuccia Prada and her husband Patrizio Bertelli, is meeting Wednesday to sign off on the transaction, said the people, who asked not to be identified because talks are private.
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2 days ago
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Palantir (PLTR) Target Raised to $140 on Strong AI Momentum
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Miami Herald
3 days ago
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