Under the terms, 3G Capital has agreed to pay $63 per share in cash for all outstanding shares of Skechers, representing a premium of 30% to Skechers’ 15-day volume-weighted average stock price.

For 3G Capital, which has made more than $20 billion on Burger King, Trump’s tariffs presented a rare opportunity to spear a big fish at a discount price.

Manhattan Beach-based shoe giant Skechers USA announced Monday it will be acquired by the 3G Capital global investment firm.

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 ...

Footwear giant Skechers will be acquired by 3G Capital for $63 per share, a 30% premium to its current valuation on the ...

The $9 billion-plus agreement by 3G Capital to buy Skechers wasn’t just a surprise — it was something of a dealmaking miracle ...

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

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 ...

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 ...