20
Aug
#CCI #3GCapital #Skechers #GIC #KakapoInvestment #MergersAndAcquisitions #FootwearIndustry #ConsumerBrands #PrivateEquity #SovereignWealthFund #BusinessNews #IndiaMarkets #GlobalInvestment New Delhi: The Competition Commission of India (CCI) has given its approval to the proposed combination involving the acquisition of all outstanding shares and sole control of Skechers U.S.A., Inc. by affiliates of 3G Capital Partners LP, along with a parallel investment by Kakapo Investment Pte. Ltd., a GIC entity. The decision paves the way for one of the biggest private equity-backed transactions in the global footwear and lifestyle apparel sector, reinforcing India’s openness to international investment structures while ensuring compliance with competition laws. Details of the…