Merger Hopes Amid - QuikReader

Tapestry, Capri End Merger Hopes Amid Legal Uncertainty

Tapestry—the owner of luxury brands such as Kate Spade and Coach—and Capri—owner of Michael Kors, Versace and Jimmy Choo ended their merger efforts after a federal lawsuit sought to block the deal.

Business - The Wall Street Journal - 17 hours ago

Nippon Steel spends whopping $1.3M on lobbying amid merger threat

The Japanese steelmaker Nippon Steel paid its primary lobbying firm $1.3 million during a dangerous period for its proposed acquisition of U.S. Steel over the summer. From July through September, ...

Politics - The Hill - October 21

Why European bank mergers are back on the table

Rising rates have boosted profits and policymakers want banks that can compete with US rivals. But many obstacles remain

Business - Financial Times - October 18

Frontier, Spirit Airlines Revive Merger Talks

The carriers have held early-stage deal discussions, as Spirit continues negotiations with bondholders over possible bankruptcy terms.

Business - The Wall Street Journal - October 23

Tapestry-Capri Fashion Merger Is Blocked by Judge

The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors.

Business - The New York Times - October 24

Zaslav bullish on Trump allowing media mergers

David Zaslav, the chief executive of Warner Bros. Discovery (WBD), is signaling optimism that President-elect Trump's administration will create a good environment for potential media mergers. "We ...

Politics - The Hill - November 7

Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger

Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the ...

Business - The New York Times - 11 hours ago

Frontier reportedly considering renewed merger talks with Spirit Airlines

More than two years after a merger deal fell apart, Frontier Airlines is considering another run at acquiring Spirit Airlines, the Wall Street Journal reported Tuesday night.

Business - MarketWatch - October 23

Michael Kors owner Capri’s shares crater after $8.5bn merger blocked

Decision is a win for antitrust regulators who argued deal with Kate Spade owner Tapestry would strangle competition

Business - Financial Times - October 25

Merger between makers of Coach and Michael Kors handbags halted by judge

Merger between luxury handbag makers would reduce competition and hurt consumers, U.S. District judge says.

UK regulator paves way for £16.5bn Vodafone-Three merger

CMA signals support for deal as long as companies commit to delivering joint network plan and retaining certain mobile tariffs

Business - Financial Times - November 5

Price and 5G promises needed for Vodafone-Three merger, says regulator

It wants commitments on prices and 5G if the creation of the UK's biggest mobile network is to go ahead.

How Russia’s energy minister plotted merger of country’s oil majors

Pitch by Sergei Tsivilev, a relative of Vladimir Putin, aimed to tighten oversight of Rosneft and nationalise Lukoil

World - Financial Times - 2 days ago

Tapestry’s stock soars and Capri erases losses as fashion giants scrap merger deal

Tapestry Inc.’ stock soared Thursday, while Capri Holdings Inc.’s stock erased losses to gain 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.

Business - MarketWatch - 12 hours ago

Trump picks Robert Kennedy Jr to run US health department

Vaccine sceptic and former Democrat is the latest controversial nomination for cabinet post

Business - Financial Times - 3 hours ago

Liberty’s Malone calls for media merger wave under Trump

Billionaire says consolidation should be permitted and adds that ‘allowing Big Tech to run wild’ is inappropriate

Business - Financial Times - 7 hours ago

'Hope and fear' and 'bigly trouble'

The US presidential election dominates Wednesday's front pages as the world waits to hear who won.

Positively Pernambuco – a story of hope in Brazil

A fashion photographer and a teacher shift the focus onto one of Brazil’s most marginalised communities

World - Financial Times - October 24

Saka: Arsenal's title hopes are 'not delusional'

Bukayo Saka has said it is "not delusional" to think Arsenal can still win the Premier League.

Sports - ESPN - November 5

Drake Maye became second QB ever to achieve this feat since NFL merger

Sunday's loss in London was a bad one for the Patriots, but rookie quarterback Drake Maye did make some NFL history (in a good way).

Sports - Yahoo Sports - October 21

Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry

A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.

Business - MarketWatch - October 25

Colts' Anthony Richardson has been most boom-or-bust quarterback since merger; will he turn it around?

Richardson was benched for Joe Flacco on Tuesday amid his early-season struggles

Sports - CBS Sports - October 29

Pringles, Cheez-It parent Kellanova marches on toward Mars merger with another profit beat

Kellanova beat profit expectations for a 15th straight quarter, ahead of its $36 billion merger with Mars.

Business - MarketWatch - October 31

These countries have the most at stake as the U.S. heads to the polls

The world is watching the presidential election as voters go to the polls Tuesday, but the vote is more consequential for some countries than for others.

Business - CNBC - November 5

British regulator says $19.5 billion Vodafone-Three merger could go ahead if remedies are adopted

Telecom firms Vodafone and Three's multibillion-pound merger could go ahead if the companies adopt proposed remedies from the U.K. competition regulator.

Business - CNBC - November 5

Merger activity is down 40% from its peak. Citigroup CEO Jane Fraser sees a ‘big unlock’ ahead.

The future could see more megamergers, middle-market deals and initial public offerings.

Business - MarketWatch - Yesterday

Disney-Reliance Indian media giant says TV ‘is not dead’ following $8.5bn merger

Head of newly formed Jio Star says traditional linear format is still important in the country during streaming era

World - Financial Times - 14 hours ago

Russian rocket becomes musical instrument of hope

The extraordinary instrument will be featured at a concert, raising funds for Ukraine.

Mayor Eric Adams’s Crises Stir Hope for Delayed Street Projects

Mayor Eric Adams has stalled plans to build bus and bicycle lanes. With his leadership under threat, the projects’ supporters see an opening.

Top stories - The New York Times - October 19

Sources: Tua to practice, hopes to play Week 8

Dolphins quarterback Tua Tagovailoa was expected to resume practicing next week, with the hopes of being able to play next Sunday against the Cardinals, sources confirmed to ESPN.

Sports - ESPN - October 20

Bates and Devine's crowning moment in World Cup of hope

Suzie Bates and Sophie Devine finally get their crowning moment after almost two decades in the international game.

Penalty 'momentum killer' for title hopes - Norris

Lando Norris says the decision to penalise him for a passing move on Max Verstappen in the United States Grand Prix was a “momentum killer” for his championship hopes.

Blinken expresses hope for de-escalation on Israel trip

Secretary of State Antony Blinken arrived in Israel Tuesday as the U.S. pushes for de-escalation in the Middle East. Blinken met with Israeli Prime Minister Benjamin Netanyahu and other Israeli ...

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