- Entry
- $0.15
- Final
- $0.02257341 -85.0%
- Target
- $63.00
- Score
- 0.00
Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital, the companies announced on Monday. The firm will pay $63 per share in cash for Skechers, a 30% premium to the company’s current valuation on the public markets. Once the deal is closed, Skechers will become a privately held company. “With a proven track-record, Skechers is entering its next chapter in partnership with the global investment firm 3G Capital,” Skechers’ CEO Robert Greenberg said in a …
— ORIGINAL POST ·
Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%
· r/stocks
· May 5, 2025