Showing results for "Tapestry"
business
Copper Cravings Create Conditions for Mega M&AGreetings, readers! Today, we’re rounding up Bloomberg’s must-read coverage of the potential BHP-Anglo American megadeal. Elsewhere, CVC ups the size of its IPO and how to get a meeting with the UAE’s $1.5 trillion man. Today's top storiesApril 25, 2024
business
Bubble Tea IPO Drains Dregs of Optimism From Hong KongHi, it’s Pei Li in Hong Kong, where a Chinese bubble tea maker just made its much-anticipated trading debut—and it wasn’t sweet. Also today, Boeing’s Spirit AeroSystems bid hits a snag and drone racing is the latest sports play.April 23, 2024
markets
US Sues to Block $8.5 Billion Tapestry-Capri Luxury DealThe US Federal Trade Commission sued to stop Tapestry Inc.’s $8.5 billion takeover of rival Capri Holdings Ltd., saying the acquisition would harm consumers by raising prices on handbags and accessories in the affordable luxury sector. Kimberly Adams reports on Bloomberg Television.April 23, 2024
industries
US Sues to Block $8.5 Billion Union of Coach, Michael KorsThe US Federal Trade Commission sued to stop Tapestry Inc.’s $8.5 billion takeover of rival Capri Holdings Ltd., marking the first time the Biden administration has used its aggressive antitrust enforcement to try to stop a deal in the fashion accessories sector.April 22, 2024