News

3G Capital will acquire footwear maker Skechers USA Inc. for $9.4 billion, marking a splashy return to dealmaking for the investment firm after nearly four years.
Skechers USA will be walking with a new bounce, as investment firm 3G Capital acquired the footwear company for $9 billion. The deal-valued at $63 per share, a 30% premium to the company's current ...
Skechers U.S.A. Inc. has announced that it has agreed to be acquired by global investment firm 3G Capital for approximately $9.4 billion. 3G Capital has agreed to pay $63.00 per share in cash for ...
Kizik, which is backed with an investment from Nike, says its standing up for the rights of innovators and inventors.
3G Capital’s purchase of Skechers is anticipated to be completed in the third quarter. It is "subject to the satisfaction of customary closing conditions, including receipt of regulatory ...
Score one for Skechers Inc. A California federal district court judge in Los Angeles has ruled against a pension plan investor’s bid for a preliminary injunction to delay the closing of the planned ...
Skechers reported a record $9 billion in revenue in 2024 with net earnings of $640 million. The deal with 3G Capital is expected to close in the third quarter this year.
3G Capital has agreed to acquire Skechers, a Manhattan Beach, California-based footwear company, in a $9 billion take-private deal. According to the terms of the agreement, 3G Capital will pay ...
Skechers held a market value of approximately $7.4 billion prior to the news. 3G Capital, based in New York, opted to pay $63 per share in cash, valuing the footwear company at $9.4 billion—thus ...
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 ...
Skechers' 26-year run on the public markets will soon come to an end after it announced it will be acquired by private equity firm 3G Capital for $63 per share. The purchase price represents a 30% ...
WASHINGTON — The shoe company Skechers is being acquired for more than $9 billion to be taken private by the investment firm by 3G Capital. The deal comes amid growing uncertainty over how U.S ...