Prada's sprint on the Hong Kong Stock Exchange, where the stock closed up 5.21% at 43.45 local dollars, or 5.08 euros per share. The stock was pushed throughout the session by press rumors about a possible interest from the French Wertheimer family, which already controls the Chanel brand.
According to Il Giornale, Miuccia Prada and her son Lorenzo Bertelli met before Christmas with representatives of the English fund linked to the Wertheimer family. The latter would have put on the plate a figure equal to about half of the value of the group, which is 111.18 billion Hong Kong dollars, corresponding to about 12.99 billion euros.
Prada Holding, controlled by the Prada-Bertelli family, holds approximately 80% of the capital of Prada Group. The remaining 20% is on the market, with several funds among small shareholders, who hold stakes ranging from 2.93% to Invesco, 1.45% to Schroder and 0.5% to Vanguard.
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