News

Skechers has agreed to be taken private by 3G Capital as the popular shoe brand grapples with the impact of steep U.S.
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 ...
The footwear giant pulled its full-year forecast earlier this year, citing “macroeconomic uncertainty stemming from global ...
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 is going private during the middle of a trade war. The company announced Monday that investment firm 3G will pay $63 a share for the brand, a 30% premium of the company’s stock. Skechers is ...