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US FTC preparing to block $8.5 bln takeover of Capri by Tapestry, NYT Dealbook reports
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US FTC preparing to block $8.5 bln takeover of Capri by Tapestry, NYT Dealbook reports
Apr 17, 2024 3:49 AM

April 17 (Reuters) - The U.S. Federal Trade Commission

is preparing to block Coach parent Tapestry's $8.5

billion deal to buy Michael Kors owner Capri Holdings ( CPRI ),

NYT Dealbook reported on Wednesday.

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