merger

US judge blocks $8.5 billion merger between Michael Kors and Kate Spade owners

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US judge blocks .5 billion merger between Michael Kors and Kate Spade owners

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A US judge has blocked the $8.5bn deal between Tapestry and Capri that would have put some of America’s largest fashion brands under one roof, in a big win for antitrust regulators. Judge Jennifer Rochon’s … Read more

Cigna reopens discussions for large-scale merger with competitor health insurer Humana, as reported by Bloomberg News

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Cigna reopens discussions for large-scale merger with competitor health insurer Humana, as reported by Bloomberg News

U.S. health insurer Cigna Group has reportedly reignited discussions to merge with smaller competitor Humana, according to sources familiar with the matter. This comes after the company had previously abandoned the pursuit late last year. The two companies have recently engaged in informal talks about the potential deal. Following this news, shares of Humana, which … Read more