This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Tapestry drops Capri deal citing uncertainty of legal process

By Flavia Fortes ( November 14, 2024, 17:40 GMT | Insight) -- Tapestry announced today that it has abandoned its proposed $8.5 billion acquisition of Capri Holdings because of regulatory hurdles. A federal judge last month granted the Federal Trade Commission's request for a preliminary injunction preventing the handbag makers from closing the deal until the end of the legal process. While the companies had vowed to fight the decision, the uncertainty of the outcome effectively killed the deal.Tapestry announced today that it has abandoned its proposed $8.5 billion acquisition of Capri Holdings because of regulatory hurdles....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login