3G Capital to Acquire Skechers for $9.4 Billion
May 9, 2025
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1:40Department of Education Resumes Federal Student Loan Collections Nationwide
2:28Now Playing3G Capital to Acquire Skechers for $9.4 Billion
YouTube Description
as posted by the channelSkechers USA, a leading footwear brand based in Manhattan Beach, is set to be acquired by 3G Capital in a deal valued at approximately $9.4 billion, with shareholders receiving $63 per share in cash—a 30% premium over recent trading prices. The transaction, unanimously approved by Skechers' board, will take the company private and is expected to close in the third quarter of 2025 pending regulatory approval. Current CEO Robert Greenberg and the existing management team will remain in place, and Skechers' headquarters will stay in Manhattan Beach. Shareholders can choose either a full cash payout or a mixed package of $57 in cash plus a non-transferable equity unit in the new parent company, capped at 20% of shares.
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