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Prada buys Versace for .4 billion

Prada buys Versace for $1.4 billion

Prada buys Versace for nearly $1.4 billion 01:21 Prada Group announced a deal on Thursday to buy Italian Versace from Capri Holdings under the terms of a fashion house of 1.25 billion euros ($1.4 billion). Prada says Versace's “highly recognizable aesthetics…forms a strong complement to its portfolio,” which includes the Prada and Miu Miu fashion…

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