American company Skechers, famous for producing sports and leisure footwear, has agreed to be acquired by 3G Capital, a Brazilian private investment agency, and turned into an unlisted company. Most of the production lines of large US footwear companies, such as Skechers, are concentrated in Asia. The US Trump administration's heavy tariff license has put tremendous pressure on these companies. The acquisition that occurred in this context is particularly noteworthy. According to a joint statement issued by both parties to the transaction on the 5th, 3G Capital will acquire Skechers at a price of 63 US dollars per share, totaling more than 9 billion US dollars, a 30% premium over the company's 15-day trading volume-weighted average share price. The Skechers board of directors has unanimously approved the acquisition deal. As soon as the news came out, the stock price of Skechers rose nearly 25% to 61.56 US dollars on the same day. 3G Capital has attracted much attention in recent years due to investment cases such as the acquisition of American food industry giants Burger King and Heinz. The acquisition is expected to be completed in the third quarter of this year. After the change of ownership, Skechers will continue to be led by the company's current chairman and CEO Robert Greenberg and his management team, and will also maintain the company headquarters established more than 30 years ago in Manhattan Beach, California.

American company Skechers, famous for producing sports and leisure footwear, has agreed to be acquired by 3G Capital, a Brazilian private investment agency, and turned into an unlisted company. Most of the production lines of large US footwear companies, such as Skechers, are concentrated in Asia. The US Trump administration's heavy tariff license has put tremendous pressure on these companies. The acquisition that occurred in this context is particularly noteworthy. According to a joint statement issued by both parties to the transaction on the 5th, 3G Capital will acquire Skechers at a price of 63 US dollars per share, totaling more than 9 billion US dollars, a 30% premium over the company's 15-day trading volume-weighted average share price. The Skechers board of directors has unanimously approved the acquisition deal. As soon as the news came out, the stock price of Skechers rose nearly 25% to 61.56 US dollars on the same day. 3G Capital has attracted much attention in recent years due to investment cases such as the acquisition of American food industry giants Burger King and Heinz. The acquisition is expected to be completed in the third quarter of this year. After the change of ownership, Skechers will continue to be led by the company's current chairman and CEO Robert Greenberg and his management team, and will also maintain the company headquarters established more than 30 years ago in Manhattan Beach, California.