19.1 C
New York
Thursday, October 24, 2024

US court blocks Tapestry’s $8.5 billion acquisition of rival Capri

US court blocks Tapestry’s $8.5 billion acquisition of rival Capri

By Siddharth Cavale, Reuters

A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry and Capri on Thursday, a victory for the U.S. Federal Trade Commission in an industry where merger challenges are rare.

More here >

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,556FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x