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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,
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Manhattan Beach-based company, Skechers, has agreed to be taken private by 3G Capital as the popular shoe brand grapples with ...
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Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The companies said the ...
Private equity firm 3G capital made its name as an aggressive cutter of costs at companies such as Kraft Heinz. Now it seems to be slipping into something more comfortable. Its $9.4bn swoop on sneaker ...
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The footwear giant pulled its full-year forecast earlier this year, citing “macroeconomic uncertainty stemming from global ...
Manhattan Beach-based Skechers USA announced Monday that it was being acquired by 3G Capital, a global investment firm, in a ...
3G Capital will pay $63 per share in cash for Skechers SKX, representing a premium of 28% to the stock’s closing price on ...
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