US court blocks handbag maker Tapestry’s $8.5 billion ... - CNN
Oct 24, 2024 · A US judge blocked the pending $8.5 billion merger of US handbag and accessories maker Tapestry and Capri on Thursday, a victory for the US Federal Trade Commission in an industry where merger...
US anti-trust trial in Tapestry bid for Capri ends, judge's decision ...
Oct 1, 2024 · The U.S. anti-trust trial over the $8.5 billion bid by luxury goods maker Tapestry to buy Capri concluded on Monday, with Tapestry lawyers citing an "intensely competitive" handbag market in...
Tapestry-Capri Fashion Merger Is Blocked by Judge - The New …
Oct 24, 2024 · A federal judge moved on Thursday to block a merger of the fashion companies that own the Coach, Kate Spade, Michael Kors and Versace brands, ruling that the tie-up would “substantially lessen ...
US court blocks Tapestry's $8.5 billion acquisition of rival Capri
NEW YORK, Oct 24 (Reuters) - A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry (TPR.N) and Capri (CPRI.N) on Thursday, a victory for the...
Capri Sinks After FTC Wins Halt to $8.5 Billion Tapestry Tie-Up
Oct 25, 2024 · Shares of Capri Holdings Ltd. plunged Friday morning after a federal judge on Thursday blocked the company’s planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags.
FTC Moves to Block Tapestry’s Acquisition of Capri
Apr 22, 2024 · The Federal Trade Commission today sued to block Tapestry, Inc.’s $8.5 billion acquisition of Capri Holdings Limited, a deal that seeks to combine three close competitors – Tapestry’s Coach and Kate Spade brands and Capri’s Michael Kors brand.
Tapestry and Capri Announce a Luxury Mega Merger - The New York Times
Aug 10, 2023 · Tapestry, the fashion company that owns Coach and Kate Spade, said on Thursday that it had acquired Capri Holdings, the parent of Versace and Michael Kors, for about $8.5 billion in cash, as...
Tapestry, Capri file notice to appeal court ... - Associated Press News
Oct 28, 2024 · Tapestry and Capri Holdings have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily halt the merger between the makers of Coach and Michael Kors handbags, according to a court filing Monday.
Capri Holdings Limited - Tapestry, Inc. Announces Definitive …
Aug 10, 2023 · Acquisition Expected to be Immediately Accretive to Tapestry’s EPS on an Adjusted Basis; Tapestry Board of Directors Approves an Increase in the Company’s Dividend; Link to Investor Presentation
FTC Wins Injunction to Block Tapestry’s $8.5B Capri Acquisition
Oct 24, 2024 · On the other side, shares of Tapestry gained 10.9 percent to $49.31, likely with investors breathing a sigh of relief given how much Capri’s Michael Kors business has weakened since the deal was ...
- Some results have been removed