Prada Gets EU Approval for Versace Acquisition
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Prada Gets EU Approval for Versace Acquisition

The European Commission said on Tuesday it has given its green light to the acquisition of fashion group Versace by Italy’s Prada. Earlier this year Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings. The European Commission said the deal poses no competition concerns. By Elisa Anzolin; Editor: Giulia Segreti...