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Capri Holdings (CPRI) has provided an announcement.
Capri Holdings Limited is on the cusp of a significant transformation, set to become a wholly owned subsidiary of Tapestry, Inc. following a merger agreement. The deal, which has already secured regulatory approvals from the European Commission and Japan’s Fair Trade Commission, is now awaiting the green light from U.S. antitrust regulators. With most jurisdictions on board, the financial world is watching closely as the final pieces fall into place for this major industry shake-up.
For an in-depth examination of CPRI stock, go to TipRanks’ Stock Analysis page.