Fashion executive John Idol sold Versace to Prada for $US1.38 billion ($2.2 billion), a roughly $US700 million loss.

The weather-roiling La Niña weather pattern has ended, returning equatorial Pacific temperatures to a neutral state that could portend an active Atlantic hurricane season. A neutral state can be a ...

The all-cash deal, subject to customary closing conditions and regulatory approvals, is expected to be completed in the ...

STORY: In a move to unite two of the biggest names in Italian fashion, Prada is to buy smaller rival Versace from Capri Holdings.The deal has an enterprise value of $1.375 billion, Prada said on ...

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

ROME (AP) — The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under ...

Prada struck a $1.375 billion deal to buy smaller rival Versace from Capri Holdings on Thursday, including its debt, in a ...

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Capri Holdings' stock is under pressure but holds potential as Versace's divestiture boosts value. Read more on CPRI stock ...

Prada has agreed to buy Versace in a 1.25 billion euro deal that will see two of Italy’s biggest luxury fashion brands come ...

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