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Skechers has agreed to be taken private by 3G Capital as the popular shoe brand grapples with the impact of steep U.S.
Investment firm 3G Capital will buy Skechers for $9.4 billion, taking the company private. Skechers, the third largest shoe company, is highly exposed to Trump’s tariffs.
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 ...
3G Capital will pay $63 per share in cash for Skechers SKX, representing a premium of 28% to the stock’s closing price on ...
The footwear giant pulled its full-year forecast earlier this year, citing “macroeconomic uncertainty stemming from global ...