** HK shares of Prada 1913.HK jump 7.8% to a one-week high of HK$51.6; set for steepest one-day pct rise since March 8, 2024
** Prada struck $1.38 billion deal to buy smaller rival Versace from Capri Holdings CPRI.N on Thursday in a move that unites two of the biggest names in Italian fashion and offers the prospect of enhanced revenues
** Co's Frankfurt-listed stock 1913.F jumped 13% on Thursday
** Prada CEO says Versace deal is a revenues project, not a synergies project
** YTD, HK-listed stock falls ~20%, Frankfurt shares shed ~25%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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