Prada buys Versace for $1.84b to create Italian fashion powerhouse
The price Prada has agreed to pay for Versace is a big discount to the roughly US$2.15 billion (S$2.86 billion) including debt that Capri paid for Versace in 2018.PHOTO: AFP MILAN - Prada struck a deal on April 10 to buy smaller rival Versace from Capri …