Donatella Versace - Chief Brand Ambassador of Versace

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“A pool of banks led by Goldman Sachs is ready to give Prada a €2.5 billion ($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 would be used for the acquisition, while the remaining €1 billion would be used to relaunch the struggling takeover target, the report added.

Goldman Sachs was not immediately available for comment.”

Source: BOF
 
I am so curious to see how Prada will actually handle Versace. This is some serious investment happening so I hope they are intending to make it work.
With that kind of money they're for sure doing business I guess they'll have two different Italian women conservative and the other loud and brash it could work
 

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