10:52 - 6.05.2025

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May 6, Fineko/abc.az. investment company 3G Capital will acquire Skechers, an American manufacturer of sports shoes and clothing, for $9.4 billion.

ABC.AZ reports, citing Bloomberg, that according to the terms of the deal, 3G Capital will pay $63 in cash for each acquired Skechers share.

This represents a 28% premium to the closing price of Friday, May 2.

Against this background, Skechers shares jumped by 25% on Monday, May 5.

The deal is expected to close in the third quarter of 2025. The deal will be funded by a combination of 3G Capital's cash, as well as debt financing provided by JPMorgan Chase Bank.