--Prada SpA is looking to raise at least $1 billion from a second listing in Milan as it seeks to diversify its investor base away from Hong Kong, Bloomberg reports, citing unnamed sources.
--The Italian fashion house is working with Goldman Sachs Group Inc. on preliminary preparations for a potential offering as it attempts the first Hong Kong-Milan dual listing, the sources said, according to Bloomberg.
--No financial decisions on the size and timing have been taken, but the listing would likely take place in 2023, Bloomberg reports, citing the sources.
Full story: https://bloom.bg/3QoxXby
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
08-12-22 0924ET