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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....

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