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Tapestry and Capri scrap planned merger amid competition concerns

Published by Benjamin Chiou on 14th November 2024

(Sharecast News) - Fashion giants Tapestry and Capri have scrapped their planned $8.5bn merger on the back of legal uncertainty after US regulators argued that the tie-up would eliminate head-to-head competition in the luxury accessories market.

URL: http://www.digitallook.com/dl/news/story/34691685/...

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