A report said Prada and Capri Holdings had agreed a 1.5 billion euro price tag for Versace, sending stock in both companies higher.

Key Takeaways Prada's effort to purchase the Versace brand from Capri Holdings Limited is reportedly moving closer to completion.Bloomberg reported Prada has agreed to pay nearly 1.5 billion euros ($1.

Capri Holdings Ltd.’s stock soared 8.9% early Monday, after a report that the company is close to selling its Versace brand to Italian fashion company Prada SpA in a deal valued at 1.5 billion euros.