CCC gets green light to purchase eobuwie.pl

The Polish anti-monopoly watchdog UOKiK has approved the acquisition of eobuwie.pl by footwear producer CCC, the office reported. In late August, CCC signed a conditional deal with shareholders at eobuwie.pl, to purchase 74.99 percent of the web portal's shares with the right to acquire the remainder of the holding, the Polish Press Agency informed. The first tranche will be valued at nearly PLN 130 million.  The price of the second tranche will be up to eobuwie.pl's EBITDA recorded in 2018. Completion of the first transaction is expected to take place by January 29, 2016. eobuwie.pl is an e-store offering footwear and accessories.