GIC backs 3G Capital in acquisition of footwear firm Skechers in S$12b deal

SINGAPORE: GIC is set to back the acquisition of Skechers, a leading global footwear company, in partnership with 3G Capital. The investment firms have filed a joint application to India’s Competition Commission (CCI) for approval of the deal. According to the notice submitted on 26 June 2025, the transaction involves 3G Capital indirectly acquiring Skechers’ […]
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