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Skechers shares jump 25% after striking $9.4B deal to go private

1. Skechers to be taken private by 3G Capital for $9.4 billion. 2. 3G offers $63 per share, a 28% premium over the latest closing price. 3. Skechers shares surged 25% to $61.61 post-announcement. 4. The company withdrew its annual forecast due to high US tariffs. 5. Deal closure expected in Q3 2025, financed by 3G's cash and debt.

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FAQ

Why Very Bullish?

The acquisition premium of 28% suggests significant investor confidence, mirroring other buyouts like Whole Foods by Amazon.

How important is it?

The significant acquisition deal alters Skechers' market position, signaling a strong bullish trend.

Why Long Term?

The long timeline until Q3 2025 allows for strategic pivots and market adjustments that may benefit Skechers.

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