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3G Capital Agrees to Acquire Skechers for $9.4B, Take Company Private
Global investment firm 3G Capital has entered into an agreement to acquire footwear retailer Skechers USA Inc. (NYSE: SKX). The sales price is $9.4 billion, according to The Wall Street Journal. Upon completion of the transaction,
Skechers has agreed to be taken private by 3G Capital as the popular shoe brand grapples with the impact of steep U.S.
The Manhattan Beach-based footwear company Skechers will be sold to investment firm 3G Capital for $9.4 billion.
Skechers (NYSE:SKX) ticked higher by 0.3% at least partly as senior officials from the U.S. and China are scheduled to meet ...
The footwear giant pulled its full-year forecast earlier this year, citing “macroeconomic uncertainty stemming from global ...
The deal comes amid growing uncertainty over how U.S. President Donald Trump’s tariffs on foreign goods will affect companies ...
Investment firm 3G Capital will buy Skechers for $9.4 billion, taking the company private. Skechers, the third largest shoe company, is highly exposed to Trump’s tariffs.
NBC Los Angeles on MSN2d
Skechers goes private with acquisition by global investment firmManhattan Beach-based shoe giant Skechers USA announced Monday it will be acquired by the 3G Capital global investment firm.
Construction on a new Skechers building in Manhattan Beach will close part of Sepulveda Boulevard for more than a year.
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