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PRADA Joins Stake in Italian Leather Group Rino Mastrotto to Stabilize Supply Chain
PRADA (01913.HK) has acquired a 10% stake in the Italian leather group Rino Mastrotto at a price not yet unveiled but to be paid in cash, according to foreign media reports.Under t...
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PRADA Joins Stake in Italian Leather Group Rino Mastrotto to Stabilize Supply Chain
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STOCK INFO

PRADA (01913.HK)  -0.950 (-1.868%)    Short selling $4.22M; Ratio 2.829%   has acquired a 10% stake in the Italian leather group Rino Mastrotto at a price not yet unveiled but to be paid in cash, according to foreign media reports.

Under the agreement, PRADA will transfer two tanneries, including Italy's Conceria Superior and France's Tannerie Limoges, to Rino Mastrotto. PRADA's chairman Patrizio Bertelli stated in an announcement that investing in Rino Mastrotto will enable the group to enhance control over highly strategic stages of the production process.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-06 16:25.)

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