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December 01, 2006
Prada Ponders IPO
Italian luxury brand Prada is again considering an IPO. The company is looking at 2008 to make the offering, after scrapping four earlier attempts.
Prada already sold a 5% stake in the company to Banca Intesa, valued at around $3.6 billion. The brand is reportedly looking for further capital injections to grow the company.
Posted by Blacks on December 1, 2006 09:38 AM
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