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What would have been the biggest fashion industry merger since the mid-2000s died today after two major luxury brands confirmed that their $8.5 billion deal is off. When it was announced last year, the acquisition of Capri by Tapestry was touted as a way to bring several famous brands under the same roof. Tapestry owns […]
These are the stories making headlines in fashion on Thursday. Tapestry, Inc. and Capri Holdings have mutually terminated the merger agreement that would have combined Tapestry’s Coach, Stuart Weitzman and Kate Spade with Capri’s Michael Kors, Jimmy Choo and Versace. This decision … Continue reading Source link
As Vistara wraps up its journey today (November 11, 2024) and takes its final flights, the Indian aviation industry stands at a poignant crossroad. In a show of camaraderie and to show his respect, budget airline IndiGo took to X, formerly Twitter to bid adieu to the airline and wrote a message, “As an unforgettable […]
The competition watchdog has approved the $8.8 billion merger of pharmacy businesses Chemist Warehouse and Sigma Health, after deciding it won’t hamper consumer choice. Source link
By Supantha Mukherjee STOCKHOLM (Reuters) – Eutelsat, the world’s third-biggest satellite operator by revenue, launched 20 satellites for its communications network on Sunday, using Elon Musk’s SpaceX in its first move since the merger of two European companies last year. A SpaceX Falcon 9 rocket took off with Eutelsat satellites from California’s Vandenberg Space Force […]
When Microsoft announced its plans to buy Activision Blizzard in 2022, it set off multiple lawsuits including a battle with the FTC that attempted to block the deal. Microsoft triumphed in that case, and now another lawsuit surrounding the merger has finally been put to rest. Via the Associated Press, Microsoft has settled a lawsuit […]
TikTok rival Triller has completed its merger with Hong Kong-based financial firm AGBA, marking the culmination of a years-long effort to become a publicly traded company. According to a press release issued this afternoon, AGBA has officially changed its name to Triller Group Inc. and the combined company’s common stock and warrants are expected to […]
The recent acquisition by Vocus of TPG’s fibre network infrastructure, along with a substantial submarine cable portfolio, represents a significant shift in Australia’s telecommunications landscape. This move aligns with a global trend in the telecom industry: a transition from traditional vertically integrated models toward specialised, consolidated infrastructure ownership, often overseen by investment-focused entities. Through this […]
Adam Craker JSE-listed industrial and technology group Reunert has completed the merger of its IQbusiness and +OneX subsidiaries. The new entity will trade under a refreshed IQbusiness brand – stylised as “iqbusiness” – and serve as Reunert’s single, client-focused IT integration business. It will be led by CEO Adam Craker and brings together around 1 500 […]