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    <title>Shoemaker Skechers to be acquired for USD 9 billion, taken private by 3G Capital</title>
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    <description>3G Capital will acquire Skechers in a going-private all-cash share purchase offer valued at USD 9 billion, approved unanimously by Skechers&#039; board; the per-share offer reflects a premium to recent volume-weighted average trading price. The transaction will lead to delisting and a transfer of equity ownership to 3G Capital. Management continuity is planned with the current Chairman and CEO and his team remaining in place, the headquarters retained, and an anticipated closing in the third quarter subject to customary conditions.</description>
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    <pubDate>Mon, 05 May 2025 19:01:04 +0530</pubDate>
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