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PRADA Once Slumps 8.9% Amid Reports of Potential Acquisition of Versace, Jimmy Choo from Capri
Recommend 2 Positive 1 Negative 5 |
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PRADA (01913.HK) opened down 1.9% today (5th) and once slumped 8.9% to as low as $62.25. It last traded at $64.45, down 5.64%, on a volume of 2.2126 million shares, involving $147 million. It is reported that PRADA is considering acquiring both Versace and Jimmy Choo brands from Capri (CPRI.US) with an expected expenditure of around EUR1.5-2 billion. AAStocks Financial News |
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