Prada Acquires Property from Ludo Due for EUR 66.6 Million

Reuters

2025/11/19

Prada S.p.A. announced it has entered into an agreement to acquire a property from Ludo Due S.r.l. for a consideration of EUR 66,587,950. The transaction is classified as a connected transaction under Hong Kong Stock Exchange Listing Rules, with executive director Ms. Miuccia Prada Bianchi and Mr. Lorenzo Bertelli abstaining from the board vote due to their material interest in the deal.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prada S.p.A. published the original content used to generate this news brief on November 19, 2025, and is solely responsible for the information contained therein.

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The transaction is classified as a connected transaction under Hong Kong Stock Exchange Listing Rules, with executive director Ms. Miuccia Prada Bianchi and Mr. Lorenzo Bertelli abstaining from the board vote due to their material interest in the deal.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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