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3G Capital to buy shoe brand Skechers in $9bn deal

5 May 2025
in World
0
3G Capital to buy shoe brand Skechers in bn deal
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US-Brazilian investment firm 3G Capital has reached an agreement to acquire Skechers for approximately $9.4 billion in cash, marking a significant return to dealmaking for the firm. Under the deal, Skechers shareholders can choose to sell their shares at $63 each, a nearly 30% premium, or receive $57 in cash along with a stake in a new parent company that will manage the footwear brand. This acquisition reflects 3G Capital’s strategic move after a prolonged search for a suitable target.

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