Published by Global Banking & Finance Review®
Posted on April 4, 2025
1 min readLast updated: January 24, 2026
Goldman Sachs is leading a 2.5-billion-euro financing for Prada's acquisition of Versace, with funds also allocated for relaunching the brand.
ROME (Reuters) - A pool of banks led by Goldman Sachs is ready to give Prada a 2.5-billion-euro ($2.77 billion) financing line to help the Italian fashion group in its acquisition of Capri Holdings-owned Versace, Italian daily MF reported on Friday.
Some 1.5 billion euros would be used for the acquisition, while the remaining 1 billion euros would be used to relaunch the struggling takeover target, the report added.
Goldman Sachs was not immediately available for comment.
($1 = 0.9032 euros)
(Reporting by Alvise Armellini and Elisa Anzolin, editing by Giulia Segreti)
The main topic is Goldman Sachs leading a 2.5-billion-euro financing for Prada's acquisition of Versace.
1.5 billion euros will be used for the acquisition, and 1 billion euros will be used to relaunch Versace.
Versace is currently owned by Capri Holdings.
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