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Capri Holdings Rises as Prada Closes in on Versace Acquisition for $1.38 Billion
ByAinvest
Wednesday, Apr 9, 2025 12:02 pm ET1min read
Capri Holdings has gained 5% on reports that Prada is close to acquiring the Versace brand for $1.38 billion, a $200 million discount from an earlier expected price tag. The discount is attributed to concerns over tariffs.
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