Prada to Purchase Versace for $1.38 Billion; Shares Rise 3%

MT Newswires Live
04-11

Prada (HKG:1913) will acquire rival Versace from Capri Holdings for an enterprise value of $1.375 billion, according to a Thursday filing with the Hong Kong bourse.

The Hong Kong-listed fashion company will fund the transaction through 1.5 billion euros of new debt, comprising a 1-billion-euro term loan and a 500-million-euro bridge loan facility, according to a separate press release by Prada.

Completion is slated for the second half of 2025, Prada said.

Versace will maintain its identity and "cultural authenticity" following the deal, Prada said.

Citigroup Global Markets Europe and Goldman Sachs Bank Europe serve as financial advisers to the deal.

Prada's shares rose 3% in Hong Kong during Friday's late morning trading.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10