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Goldman Sachs to Lead €2.5 Billion Financing for Prada-Versace Deal

€1.5 billion would be used for the acquisition with a further billion to invest in relaunching the brand, Italian trade publication MF reported citing unnamed sources.
Versace Autumn/Winter 2025
Versace Autumn/Winter 2025. (Versace)

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.

By Alvise Armellini and Elisa Anzolin; Editor: Giulia Segreti

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Report: Prada Moving Closer to €1.5 Billion Versace Deal

Talks between Prada and Versace owner Capri are progressing and could result in a deal in March, Bloomberg reports.

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