News

Prada to go to the markets in May

09/04/2001

The Milanese luxury goods group, Prada is reported to be planning a May share issue, though senior executives within the company are understood to be keeping a close watch on volatile markets.

Patrizio Bertelli, the Chairman of Prada, last year said up to 30% of the business, worth $5.7 billion, could be listed on Milanese bourse.

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