PE investor 3G buys Skechers in $9.4bn deal

Quick Summary:

International Business News: Investment firm 3G Capital will acquire footwear maker Skechers USA for $9.4 billion - the footwear industry's biggest buyout to date - as the shoe br.

PE investor 3G buys Skechers in $9.

Founded in 2004, it made its first splash by acquiring Burger King in 2010.

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Article Details

Author / Journalist: Bloomberg

Category: EconomyBusiness

Markets: India

Topics: Robert Greenberg Skechers USA Footwear industry buyout 3G Capital Skechers stock rise JPMorgan Chase Bank Private equity acquisition

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 08:01:30 (15 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 243 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28422020

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 39 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 47 minutes ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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