Prada Acquires Versace in Major Luxury Move
  • 03/10/2025
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It’s official: Prada received EU approval on Tuesday to acquire Versace in a deal valued at €1.25 billion (around $1.38 billion). Regulators cleared the transaction, ruling that it will not harm competition given the relatively limited global market share of both brands. The acquisition marks a pivotal step for the Italian giant. Beyond mere ...

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