Prada is in the spotlight as it considers acquiring Versace from Capri Holdings for around 1.5 billion euros. This potential acquisition would merge two of Italy's prestigious luxury fashion brands, enhancing their global market presence.

In another significant development, Clearlake Capital is poised to acquire a majority stake in the healthcare software company Modernizing Medicine. This deal values the company at approximately $5.3 billion, including debt, reflecting Clearlake's aggressive investment approach.

On the geopolitical stage, the UK and France are actively working to facilitate peace in Ukraine following a tense summit between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy. Concurrently, British MPs are advocating for stronger worker rights legislation to protect employees from exploitation by unscrupulous employers.