-- Italian luxury fashion firm Prada has emerged as the frontrunner to buy Versace from Capri Holdings for about 1.5 billion euros ($1.56 billion), The Financial Times reports, citing unnamed sources.
-- Prada and Capri Holdings are edging closer to an agreement and a deal could be concluded within weeks, The Financial Times reports.
-- The pricing and timing of any deal could still change, according to the FT.
--Prada declined to comment, the FT said.
Full story: https://bit.ly/4h5PSjT
Write to Andrea Figueras at andrea.figueras@wsj.com
(END) Dow Jones Newswires
March 03, 2025 03:16 ET (08:16 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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