Italian luxury group Prada is moving closer to a deal to buy Versace from upmarket fashion group Capri Holdings after agreeing to a price of nearly 1.5 billion euros ($1.6 billion), Bloomberg News reported on Sunday. Ciara Lee reports. India and Pakistan cricket fans both confident as arch-rivals clash

Prada is finalizing an agreement to acquire Versace from Capri Holdings for approximately 1.5 billion ($1.6 billion). This acquisition would unite two of Italys most iconic luxury fashion brands, bringing Versace

PRADA is moving closer to a deal to buy Versace from Capri Holdings after agreeing to a price of nearly 1.5 billion euros (S$2.1 billion), according to sources familiar with the matter. Read more at The Business Times.