The European Commission said on Tuesday it has given its green light to the acquisition of fashion group Versace by Italy’s Prada.
Earlier this year Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings.
The European Commission said the deal poses no competition concerns.
Copyright © 2025 M&A Critique!. All pages of the Website are subject to our terms and conditions and privacy policy. You must not reproduce, duplicate, copy, sell, resell or exploit any material on the Website for any commercial purposes.We have made a sincere effort to ensure that all photographs used on this website are either freely available in the public domain or used with permission. If you believe your work is being used inappropriately, please let us know and we will address the matter immediately.
[ultimatemember form_id=140]