Prada gets EU approval for Versace acquisition-February 2024-www.financetom.com

Prada gets EU approval for Versace acquisition

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Prada gets EU approval for Versace acquisition

Sep 30, 2025 6:32 AM

MILAN, Sept 30 (Reuters) - 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 ( CPRI ).

The European Commission said the deal poses no competition

concerns.

Previous page： Italgas signs $5.8 bln deal to buy smaller rival 2i Rete Gas Next page： BRIEF-Vista Outdoor Says Enters Into Definitive Agreement With SVP To Sell Revelyst For $1.125 Bln

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.

Show More Comments

Related Articles >

Italgas signs $5.8 bln deal to buy smaller rival 2i Rete Gas

Oct 5, 2024

MILAN, Oct 5 (Reuters) - Italy's biggest gas distributor Italgas said on Saturday it had agreed to buy smaller rival 2i Rete Gas in a 5.3 billion euro ($5.8 billion) deal, including debt. A merger would mark a major step in the consolidation of Italy's gas distribution sector and also create a leading player in Europe, Italgas CEO Paolo Gallo...

BRIEF-Vista Outdoor Says Enters Into Definitive Agreement With SVP To Sell Revelyst For $1.125 Bln

Oct 5, 2024

Oct 4 (Reuters) - Vista Outdoor Inc ( VSTO ): * VISTA OUTDOOR ENTERS INTO DEFINITIVE AGREEMENT WITH SVP TO SELL REVELYST FOR $1.125 BILLION; DELIVERS AN ESTIMATED $45 PER SHARE IN CASH IN COMBINATION WITH CSG TRANSACTION * VISTA OUTDOOR INC ( VSTO ) - CSG INCREASES PURCHASE PRICE FOR KINETIC GROUP TO $2.225 BILLION * VISTA OUTDOOR INC...

VW CEO: Chinese automakers should be allowed to avert tariffs by investing in EU

Oct 5, 2024

FRANKFURT (Reuters) - The CEO of German carmaker Volkswagen said the European Union should consider adjusting planned tariffs against China-made electric vehicles to make allowances for investments made in Europe. Instead of punitive tariffs this should be about mutually giving credit for investments. Those who invest, create jobs and work with local companies should benefit when it comes to tariffs,...

Soccer-O'Neil takes 'full responsibility' as Wolves remain winless in Premier League

Oct 5, 2024

LONDON, Oct 5 (Reuters) - Wolverhampton Wanderers boss Gary O'Neil took full responsibility after Brentford registered a thumping 5-3 win over his beleaguered side in the Premier League on Saturday to leave them winless and bottom of the table after seven games. Brentford scored an early goal yet again and netted four times in the first half as Wolves put...