Prada gets EU approval for Versace acquisition
30/09/2025 13:41
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 1913.F. Earlier this year Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings CPRI.N. The European Commission said the deal poses no competition concerns. (Reporting by Elisa Anzolin, editing by Giulia Segreti) ((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))