Prada to make a decision on Versace deal this week, source says

Reuters - 06/04
Italian luxury group Prada is set to make a decision this week about a potential takeover of smaller rival Versace, a source close to the matter said on Sunday, as the negotiations enter a final phase.
MILAN, April 6 (Reuters) - Italian luxury group Prada (1913.F), opens new tab is set to make a decision this week about a potential takeover of smaller rival Versace, a source close to the matter said on Sunday, as the negotiations enter a final phase.
A deal to buy Versace, owned by New York-based Capri Holdings (CPRI.N), opens new tab, would unite two of the biggest names in Italian fashion.

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Italy's Corriere della Sera newspaper reported on Sunday that a potential deal could be announced on Thursday, April 10 and the price for loss-making Versace could be reduced to 1 billion euros ($1...
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