{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-208278","form_type":"8-K","ticker":"CPRI","cik":"0001530721","company_name":"Capri Holdings Ltd","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.214578+00:00","generated_at":"2026-06-11T17:21:15.172326+00:00","sec_items":["1.01","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Tapestry to acquire Capri for $8.5B ($57/sh); deal expected to close in CY2024","bullets":["Tapestry (TPR) to acquire Capri (CPRI) for $57 per share cash; enterprise value ~$8.5B.","Consideration represents ~59% premium to Capri's 30-day VWAP as of Aug 9, 2023.","Combined company had >$12B revenue and ~$2B adjusted operating profit in prior fiscal year.","Expected >$200M run-rate cost synergies within 3 years; deal immediately accretive to Tapestry adjusted EPS.","Tapestry secured $8B bridge financing; raised dividend 17% to $1.40/sh annually; suspend buybacks to delever."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-208278","json":"https://secwatch.observer/filing/0001193125-23-208278.json","markdown":"https://secwatch.observer/filing/0001193125-23-208278.md","text":"https://secwatch.observer/filing/0001193125-23-208278.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1530721/000119312523208278/0001193125-23-208278-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1530721/000119312523208278/d532594d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T17:21:15.172326+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"89192c8cd8f3a2ad24fcdae41a561c6e3df12706","claim":"Capri Holdings Ltd entered into Agreement and Plan of Merger with Tapestry, Inc. valued at $57.00 per ordinary share, all-cash consideration (effective 2023-08-10).","evidence_excerpt":"On August 10, 2023, Capri Holdings Limited (\" Capri \") entered into an Agreement and Plan of Merger (the \" Merger Agreement \") with Tapestry, Inc., a Maryland corporation (\" Tapestry \"), and Sunrise Merger Sub, Inc., a British Virgin Islands business company limited by shares and a direct wholly owned subsidiary of Tapestry (\" Merger Sub \").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1530721/000119312523208278/0001193125-23-208278-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Tapestry, Inc."},{"label":"Value","value":"$57.00 per ordinary share, all-cash consideration"},{"label":"Effective","value":"2023-08-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}