Deals, Deals, Deals ... in a bear market - Part 51

As little old Betaville pointed out earlier this week, dealmaking in the US continues unabated despite the summer holidays.

Today, Tapestry - the company behind the Coach clothing brand - announced the $8.5 billion takeover of Capri Holdings, which owns Versace, Michael Kors and Jimmy Choo.

Tapestry is paying Capri shareholders $57 per share in cash, representing a premium of nearly 65pc. Below is a link to the press release:..