financetom
Business
financetom
/
Business
/
Goldman Sachs to lead 2.5-billion-euro financing for Prada-Versace deal, daily MF reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Goldman Sachs to lead 2.5-billion-euro financing for Prada-Versace deal, daily MF reports
Apr 4, 2025 12:00 AM

ROME, April 4 (Reuters) - A pool of banks led by Goldman

Sachs ( GS ) is ready to give Prada a 2.5-billion-euro

($2.77 billion) financing line to help the Italian fashion group

in its acquisition of Capri Holdings ( CPRI )-owned Versace, Italian

daily MF reported on Friday.

Some 1.5 billion euros would be used for the acquisition,

while the remaining 1 billion euros would be used to relaunch

the struggling takeover target, the report added.

Goldman Sachs ( GS ) was not immediately available for comment.

($1 = 0.9032 euros)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Correction: Update: Maxeon Solar Sues REC Solar Over Alleged Cell Technology Patent Infringement
Correction: Update: Maxeon Solar Sues REC Solar Over Alleged Cell Technology Patent Infringement
Apr 22, 2024
09:06 AM EDT, 04/22/2024 (MT Newswires) -- (Corrects the name of REC Solar in the headline.) Maxeon Solar Technologies ( MAXN ) said Friday it has initiated a patent infringement lawsuit against REC Solar Holdings in the Eastern District of Texas. The lawsuit concerns alleged infringements of Maxeon's Tunnel Oxide Passivated Contact solar cell technology, the company said. Intellectual property...
CoStar Group to buy Matterport in deal valued at $1.6 bln
CoStar Group to buy Matterport in deal valued at $1.6 bln
Apr 22, 2024
April 22 (Reuters) - CoStar Group ( CSGP ) said on Monday it would buy 3D virtual tour creator Matterport ( MTTR ) in a cash-and-stock deal valued at $1.6 billion. ...
Drug Distributing Giant Cardinal Health Will Not Renew OptumRx Distribution Pact, Stock Plunges
Drug Distributing Giant Cardinal Health Will Not Renew OptumRx Distribution Pact, Stock Plunges
Apr 22, 2024
Monday, Cardinal Health, Inc. ( CAH ) announced that its pharmaceutical distribution contracts with OptumRx, which expire at the end of June 2024, will not be renewed.  OptumRx is a subsidiary of UnitedHealth Group Inc ( UNH ) . Cardinal Health ( CAH ) reaffirmed its fiscal 2024 adjusted EPS guidance of $7.20-$7.35 versus the consensus of $7.29.  With a market cap of almost $26 billion,...
Bragg Gaming and Light & Wonder Agreed to an International Distribution Deal
Bragg Gaming and Light & Wonder Agreed to an International Distribution Deal
Apr 22, 2024
09:05 AM EDT, 04/22/2024 (MT Newswires) -- Bragg Gaming Group Inc. ( BRAG ) , a global B2B gaming technology and content provider, on Monday signed an international online casino content distribution agreement with Light & Wonder. According to a statement, the agreement will see high-performing games from Bragg's proprietary studios, Atomic Slot Lab, Indigo Magic, Wild Streak Gaming and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved