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Skechers is going private during the middle of a trade war
cnn.com/2025/05/05/business/skechers-shoes-3g-capital
Skechers is fleeing the public market and hunkering down by going private during the middle of a trade war.
The company announced Monday that investment firm 3G Capital will buy Skechers for $9.4 billion. 3G will pay $63 a share for the brand, a 30% premium of the company’s stock.
“With…
This story appeared on cnn.com, 2025-05-05 16:52:46.030000.