Skechers' $9.4 billion acquisition by 3G Capital, GIC seeks Indian approval
By Freny Patel ( July 3, 2025, 00:14 GMT | Insight) -- Affiliates of 3G Capital Partners and Singapore's sovereign wealth fund GIC have sought approval from the Indian antitrust watchdog for their planned $9.4 billion acquisition of US footwear and apparel giant Skechers. In their submission to the Competition Commission of India, the parties said that the proposed transaction is unlikely to cause any appreciable adverse effect on competition in India.Affiliates of 3G Capital Partners and Singapore's sovereign wealth fund GIC have sought approval from the Indian antitrust watchdog for their planned $9.4 billion acquisition of US footwear and apparel giant Skechers....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.