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The key reasons for the IPO appear to be: 1. To create a liquid currency that can be used to raise additional capital through new pools of debt or equity. 2. To provide an exit for the main shareholder, Intesa SanPaolo bank, while allowing the family to retain control through Prada Holding BV. 3. Potentially to have a currency to fund future store openings, working capital needs, or acquisitions, although debt repayments do not seem to be the main motivation given Prada

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neoss119

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