ArdorComm Media Group

Merger and Acquisition

Despite Increased Transactions, M&A Activity Sees Sharp Decline in April

According to a report by a consultancy firm, the overall merger and acquisition (M&A) activity by value witnessed a significant decline of 60% in April, totaling $5.192 billion compared to March’s $12.934 billion. Surprisingly, there was a 24% increase in the number of deals, totaling 176 transactions during the month. The decline in value was …

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US Federal Trade Commission Opposes Tapestry’s Acquisition of Capri Holdings: Here’s Why

News on HR

The US Federal Trade Commission (FTC) has taken a firm stance against Tapestry Inc.’s proposed $8.5 billion acquisition of Capri Holdings Ltd., the parent company of Michael Kors. This marks a notable move in antitrust enforcement within the fashion accessories sector, raising concerns about market competition and consumer welfare under the Biden administration. Key Points: …

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