M&A
confidence high
sentiment positive
materiality 0.75
Tapestry obtains EU and Japan antitrust clearance for Capri acquisition; US approval remains
TAPESTRY, INC.
- EC approved transaction unconditionally under Article 6(1)b of EUMR on April 15, 2024.
- Japan's Fair Trade Commission approved unconditionally on April 10, 2024.
- US antitrust clearance is the only outstanding regulatory condition for closing.
- All other required antitrust approvals have been obtained globally.
- Closing remains subject to satisfaction or waiver of other conditions in the Merger Agreement.