CCI Approves Acquisition of Skechers U.S.A, Inc. by 3G Capital Partners

The Competition Commission of India has approved the acquisition of Skechers U.S.A, Inc. by 3G Capital Partners, which will gain sole control over the company. The deal also includes an investment from Kakapo Investment Pte. Ltd. The acquisition involves an indirect purchase by affiliates of 3G Capital and aims to enhance long-term value in the footwear and apparel sector.

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