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Clifford Chance advised Prada on the Italian tax aspects related to the acquisition of 100% of Versace from Capri Holdings for an acquisition value of €1.25 billion.
This transaction marks a significant milestone in the luxury fashion industry, enhancing the Prada Group’s portfolio with Versace’s distinctive aesthetic and presenting substantial growth opportunities through strategic value creation.
The Clifford Chance tax team led by Partner Carlo Galli, was composed by Counsel Sara Mancinelli and Senior Associate Andrea Sgrilli.
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