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Skechers is going private during middle of a trade war

In a trade-war whirlwind, shoemaker Skechers is sold for $9 billion to become a private company

Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The companies said the Skechers board unanimously approved the deal.

CNN on MSN · 2d

Skechers is going private during the middle of a trade war

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.

KYMA · 5h

Skechers announces its going private after being acquired by 3G Capital

(CNN, KYMA/KECY) - Skechers is getting out of the public market and going private amid President Donald Trump's trade war. The footwear company announced Monday that investment firm 3G Capital will pay more than $9 billion for the brand. This comes out to $63-a-share, a 30% premium of the company's stock.

12d

Skechers stock slides as it withdraws 2025 guidance due to economic and tariff uncertainties

CFRA analyst Zach Warring warned for a "tougher macro environment in 2025 as excess savings are spent and consumer spending ...

ABC Columbia1d

Sketchers goes private amid Trump’s tariff war

(CNN)– Skechers is getting out of the public market and going private amid President Trump’s trade war. The footwear company announced on Monday, May 5, that investment firm 3G will pay more than $9 ...

Devdiscourse2d

Trade Tensions and Leadership Shakeups Rattle Wall Street

Wall Street indices fell after new tariffs announced by President Trump sparked global trade war concerns. Additionally, ...

Stock market today: Dow, S&P 500 snap historic run of gains as tariff risks return, Fed decision looms

US stocks retreated from a historic run of gains on Monday as President Trump's new tariff threat revived trade war worries ...

2don MSN

Skechers’ stock rockets on buyout deal after tumbling in wake of tariff concerns

The stock shot up 24.8% in morning trading, which puts it on track for the biggest one-day gain since a record 39.6% rally on ...

Manhattan Beach-based Skechers sold to private equity firm

Manhattan Beach-based Skechers USA announced Monday that it was being acquired by 3G Capital, a global investment firm, in a ...

Newsable Asianet News on MSN1d

Skechers Analysts See Easy Path To $9B Buyout From 3G Capital

Investment firm Stifel said the deal "represents a pathway to value realization for similarly tariff-impacted businesses with ...

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