Prada set to buy Versace from Capri Holdings at $1.38B, $200M discount due to trade war.

From Yahoo Finance: 2025-04-10 11:40:00

Prada is close to acquiring Versace from Capri Holdings for $1.38B, a $200M discount due to Trump’s trade war impact. Negotiations led to a lower price amid market turmoil and tariff concerns. Deal announcement timing may shift, with potential minor price adjustments still possible. (Source: Financial Times)

The deal between Prada and Versace, worth about $1.38B, is expected to be finalized soon, with a negotiated discount due to trade war pressures. The transaction price was lowered from an estimated $1.6B amid market uncertainties. Tariffs are a key factor affecting Versace’s business outlook. (Source: Financial Times)



Read more at Yahoo Finance: Prada to buy Versace from Capri Holdings for lowered $1.38B price tag, FT says