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Capri, Tapestry Scrap Merger
Tapestry and Capri mutually agree to terminate $8.5bn merger
"Tapestry and Capri mutually agree to terminate $8.5bn merger" was originally created and published by Retail Insight Network, a GlobalData owned brand.
Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the transaction.
Capri and Tapestry end their $8.5 billion merger after FTC blocked it
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended their $8.5 billion merger deal Thursday. The deal was blocked by the Federal Trade Commission.
20h
on MSN
Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...
NBC Washington
1d
Capri and Tapestry abandon plans to merge, citing regulatory hurdles
Tapestry and
Capri
have mutually agreed to call of their merger. The parent companies behind Coach and
Michael
Kors
saw ...
16h
Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands ...
6h
Capri Holdings: Navigating Market Challenges with a Cautious Hold Rating
Analyst Oliver Chen of TD Cowen maintained a Hold rating on Capri Holdings (CPRI – Research Report), reducing the price target to $22.00.
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