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    Prada Denies Stake Sale Reports

    Jul 16,

    Prada SpA denied a report in Chinese media that said businessman Lu Qiang had acquired 13 percent of the privately held Italian luxury brand.

    China Tycoon Bids to be Prada's Biggest Shareholder

    Jul 13,

    A Chinese tycoon has been quietly buying up shares in Italian fashion house Prada S.p.A in a bid to become its largest shareholder, his company confirmed Monday, but Prada in Italy denied this as being completely unfounded.

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