News

California based company, Skechers, goes private in historic $9.42 billion footwear industry buyout
Manhattan Beach-based company, Skechers, has agreed to be taken private by 3G Capital as the popular shoe brand grapples with ...
Skechers and 3G show public stock markets a clean pair of heels
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 ...
In a trade-war whirlwind, shoemaker Skechers is sold for $9 billion to become a private company
Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The companies said the ...
Skechers stock rockets on buyout deal. An analyst says market uncertainty has ‘given rise to activist campaigns.’
3G Capital will pay $63 per share in cash for Skechers SKX, representing a premium of 28% to the stock’s closing price on ...
Skechers Sells For $9 Billion After Warning Trump’s Tariffs Pose ‘Existential Threat’
The footwear giant pulled its full-year forecast earlier this year, citing “macroeconomic uncertainty stemming from global ...