Prada Group to acquire Versace for 1.25 billion euros

The all-cash deal, subject to customary closing conditions and regulatory approvals, is expected to be completed in the second half of 2025. The final consideration will be adjusted based on net working capital and net financial position at the time of closing.

Prada Group to acquire Versace for 1.25 billion euros
The all-cash deal, subject to customary closing conditions and regulatory approvals, is expected to be completed in the second half of 2025. The final consideration will be adjusted based on net working capital and net financial position at the time of closing.

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