In a flurry of corporate activity, Versace owner Capri is taking steps to acquire Prada, while Philip Morris is considering selling its cigar business. Meanwhile, Allegro Microsystems is attracting takeover interest from ON Semiconductor. The latest developments in these high-profile mergers and acquisitions are set to shape the future of their respective industries.
Source: https://www.bloomberg.com/news/videos/2025-03-03/merger-monday-versace-allegro-philip-morris-deals-video