M&A
confidence high
sentiment positive
materiality 0.70
Capri Holdings shareholders adopt merger agreement with Tapestry, Inc.
Capri Holdings Ltd
- Proposal 1 to adopt merger agreement passed with 88,676,168 votes for, 123,823 against.
- Advisory vote on merger-related executive compensation approved (59,552,370 for, 28,138,986 against).
- Quorum of 76.62% of outstanding shares present; adjournment proposal not needed.
- Merger completion remains subject to regulatory approvals and other closing conditions.