US EditionPrada to make a decision on Versace deal this week, source says
- Prada is expected to decide on a potential takeover of Versace this week, as stated by a source close to the matter.
- A potential deal announcement is anticipated on Thursday, April 10, reported by Italy's Corriere della Sera.
- Capri Holdings' Chief Executive John Idol is expected to arrive in Milan to discuss the deal, as per Italian daily La Repubblica.
- Versace has recently been operating at a loss, despite being bought by Capri Holdings for ¬1.8 billion in 2018.
Insights by Ground AI
Does this summary seem wrong?
13 Articles
13 Articles
All
Left
3
Center
3
Right
2
Reuters: Prada to announce Versace takeover this week. How much the famous fashion house sold for
Fashion giant Prada could soon announce a historic move to buy Versace, sources familiar with the matter said, with negotiations with the brand's owner, US-based Capri Holdings, in the final stages and a formal decision could be made public this week.
·Romania
Read Full Article
Coverage Details
Total News Sources13
Leaning Left3Leaning Right2Center3Last UpdatedBias Distribution38% Left, 38% Center
Bias Distribution
- 38% of the sources lean Left, 38% of the sources are Center
38% Center
L 38%
C 38%
R 25%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
