Footwear company Skechers (NYSE:SKX) said on Monday that it has agreed to be acquired by 3G Capital, a global investment firm. Under the terms, 3G Capital has agreed to pay $63 per share in cash for ...

Footwear company Skechers (NYSE:SKX) said on Monday that it has agreed to be acquired by 3G Capital, a global investment firm. Under the terms, 3G Capital has agreed to pay $63 per share in cash ...

Skechers' strong financial performance in 2024 further validates this confidence. The company reported a record $9 billion in revenue and net earnings of $640 million, highlighting its robust position ...

Skechers announced today that it had been acquired by the private equity firm 3G Capital in a massive $9 billion deal. The announcement says that the footwear company will continue to implement ...

Skechers is being acquired for $9 billion and taken private by the investment firm 3G Capital. The board of Skechers ...

3G Capital said the acquisition is part of its strategy to back founder-led consumer brands. “Skechers is an iconic, founder-led brand with a track record of creativity and innovation,” said ...

The price 3G Capital agreed to pay ... Greenberg will stay on as Skechers' CEO and continue enacting the company's strategy after the acquisition is completed.

3G Capital, which has only made a small handful of deals in its history, chose Skechers this week as a rare acquisition target. President Donald Trump’s escalating trade war with China has ...

Manhattan Beach-based shoe giant Skechers USA announced Monday it will be acquired by the 3G Capital global investment firm, which will take the company private. Under the deal, estimated at about $9 ...

As a result of a soon-to-be executed acquisition is on the cards for Skechers, the 26-year run as an public entity inches closer to its end.