BUZZ-Footwear brand Skechers jumps after $9 billion go-private deal

Reuters

May 05, 2025

** Shares of footwear firm Skechers SKX.N up ~26% at $62.17 premarket

** Co says it had agreed to be taken private by investment firm 3G Capital in $9.4 billion deal

** Adds, 3G Capital - buyout firm controlled by Brazilian billionaire financier Jorge Paulo Lemann - has offered to pay $63 per SKX's share in cash; 28% premium to stock's close on Friday, as per Reuters calculations

** Co states transaction is expected to close in third quarter of 2025

** Notes, SKX will continue to be led by CEO Robert Greenberg, President Michael Greenberg, and the rest of the current management team

** Up to last close, stock down 26.6% YTD

(Reporting by Anuja Bharat Mistry in Bengaluru)

((AnujaBharat.Mistry@thomsonreuters.com))

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28% premium to stock's close on Friday, as per Reuters calculations** Co states transaction is expected to close in third quarter of 2025** Notes, SKX will continue to be led by CEO Robert Greenberg, President Michael Greenberg, and the rest of the current management team** Up to last close, stock down 26.6% YTD  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4146":"鞋类","SKX":"斯凯奇","BK4558":"双十一","BK4588":"碎股"},"translate_title":"BUZZ-鞋类品牌斯凯奇在90亿美元私有化交易后股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SKX":0.9},"content_text":"BUZZ-Footwear brand Skechers jumps after $9 billion go-private deal ** Shares of footwear firm Skechers SKX.N up ~26% at $62.17 premarket** Co says it had agreed to be taken private by investment firm 3G Capital in $9.4 billion deal ** Adds, 3G Capital - buyout firm controlled by Brazilian billionaire financier Jorge Paulo Lemann - has offered to pay $63 per SKX's share in cash; 28% premium to stock's close on Friday, as per Reuters calculations** Co states transaction is expected to close in third quarter of 2025** Notes, SKX will continue to be led by CEO Robert Greenberg, President Michael Greenberg, and the rest of the current management team** Up to last close, stock down 26.6% YTD (Reporting by Anuja Bharat Mistry in Bengaluru) ((AnujaBharat.Mistry@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"shareholding,corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}