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December 20, 2007
Prada Is Planning IPO For 2008
Prada is planning an initial public offering (IPO) in the second-half of next year, aimed at giving it enough cash to expand its retail network.
Prada, which owns the Prada and Miu Miu brands, among others, is expected to let 30% to 40% of the company go public. The Italian company has been valued at around $6 billion to $7 billion.
Posted by Blacks on December 20, 2007 10:06 AM
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