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Prada reportedly taps Goldman Sachs to advise on $2.5B Versace bid
PRDSYPRADA(PRDSY) New York Post·2025-04-05 04:44

Goldman Sachs is reportedly leading a group of top investment banks to help Italian design giant Prada bankroll its planned 2.5billionbidforluxuryrivalVersace.TheDavidSolomon−ledlenderhasbeenadvisingthefashionpowerhouseonitsbidtoacquireVersacefromparentcompanyCapriHoldings,theMilan−basedbusinessdailyMFFreportedonFriday.Pradaislookingtodrumup2.5 billion bid for luxury rival Versace. The David Solomon-led lender has been advising the fashion powerhouse on its bid to acquire Versace from parent company Capri Holdings, the Milan-based business daily MFF reported on Friday.Prada is looking to drum up 1.5 billion to complete the takeover, with another $1 billion earmarked to relaunch and revive Versace’s Medusa brand, the new ...