The Manhattan Beach-based footwear company Skechers will be sold to investment firm 3G Capital for $9.4 billion.

Trending: How do billionaires pay less in income tax than you? Tax deferring is their number one strategy. In 2024, Skechers ...

G Capital is paying $63 per share in cash, which analysts say represents a bet that the footwear sector will be profitable in ...

Skechers is set to be acquired by 3G Capital for $9.42 billion in the largest-ever buyout in the footwear industry. The ...

as Skechers’ chief executive Robert Greenberg will remain in the role and continue overseeing the company’s strategy, they said. Shares of Skechers rose by nearly 25% to just under $62 as ...

and Chief Operating Officer David Weinberg The Company will remain focused on its successful strategy of delivering style, comfort, quality, and innovation at an affordable price Skechers and 3G ...

Skechers is making a bold exit from Wall Street, striking a $9 billion deal to go private. With rising tariffs and shifting ...