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M&A targets Albertsons, Capri jump after Trump elected as US president



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** Grocery chain Albertsons Companies' shares ACI.N up 3% at $19.10 premarket after Donald Trump elected U.S. president; Versace-parent Capri CPRI.N up 3.5% at $21.25

** Companies are in the midst of buyout deals that have faced scrutiny from U.S. anti-trust regulators

** Analysts say Republicans are generally more favorable toward M&A (merger and acquisition) and industry consolidation

** Trump may prefer settling with companies over competition issues in mergers, rather than new trials, attorneys have told Reuters

** "There will likely be an easier path to getting to approval of mergers like Tapestry-Capri and Kroger-Albertsons," says Art Hogan, chief market strategist at B Riley Wealth

** In August, U.S. Federal Trade Commission argued to block Kroger's KR.N $25 bln merger with rival grocer ACI, citing surge in grocery prices

** A U.S. judge blocked the pending $8.5 bln merger of handbag and accessories maker Tapestry TPR.N and Capri last month

** ACI stock down 19%, CPRI down 59% as of last close YTD



Reporting by Savyata Mishra and Juveria Tabassum in Bengaluru

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