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

Prada nears a deal to acquire Versace for €1.5B, boosting stocks of both companies. Check out market reactions and potential impacts on Capri's assets.

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.