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Italy's Prada Says To Buy Rival Versace For 1.25 Bn Euros [Barron's]
KERING SA UNSP/ADR (PPRUY)
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Source: Barrons
NASDAQ:AMEX Investor Relations: kering.com/en/finance
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The acquisition will create a luxury group with revenues of over 6 billion euros, which could better compete with industry giants such as the French conglomerates LVMH
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