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Prada SpA ( (HK:1913) ) just unveiled an update.
Prada S.p.A. has successfully completed the acquisition of the Versace Group, with all conditions under the Share Purchase Agreement satisfied as of December 2, 2025. This strategic move is expected to enhance Prada’s market positioning within the luxury fashion sector. The acquisition was financed through a combination of a Euro 1,500 million facilities agreement and a Euro 200 million bilateral term loan, both of which include customary change of control provisions to protect lenders. This acquisition marks a significant expansion for Prada, potentially impacting its operations and stakeholder interests positively.
The most recent analyst rating on (HK:1913) stock is a Hold with a HK$50.00 price target. To see the full list of analyst forecasts on Prada SpA stock, see the HK:1913 Stock Forecast page.
More about Prada SpA
Prada S.p.A. is a leading company in the luxury fashion industry, known for its high-end clothing, accessories, and leather goods. The company focuses on delivering premium products with a strong emphasis on innovation and design, catering to a global market.
Average Trading Volume: 2,305,917
Technical Sentiment Signal: Sell
Current Market Cap: HK$117.9B
Learn more about 1913 stock on TipRanks’ Stock Analysis page.