According to media report:
Billion-euro takeover planned in the fashion industry
According to a media report, the Italian fashion group Prada is on the verge of a billion-euro takeover of its domestic competitor Versace after agreeing on a purchase price. There is already speculation that a deal will be concluded in March.
Kronen Zeitung als bevorzugte Google-Quelle hinzufügen According to the Bloomberg news agency, a price of almost 1.5 billion euros has been agreed. Talks between the two companies are said to be progressing after an initial comprehensive audit revealed no risks. Nevertheless, the timing and value of the deal could still change and the talks could still fall through.
No official statements
Parent company Capri Holdings, which also owns luxury brands Michael Kors and Jimmy Choo, had put Versace in the shop window. Prada declined to comment and Capri did not immediately respond to a request for comment.
Several options are being considered
After the US fashion group Tapestry withdrew its offer to buy Capri for around 8.5 billion dollars in November, Capri commissioned the bank Barclays to examine strategic options. This included the sale of the Versace and Jimmy Choo brands, two people familiar with the matter told the Reuters news agency.
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