Skechers Acquisition by 3G Capital: Regulatory Approvals Secured, Merger Consideration Options for Stockholders

Skechers USA Inc (SKX) has obtained all necessary regulatory approvals for its acquisition by 3G Capital Partners L.P. The transaction is expected to close on September 12, 2025, pending customary closing conditions. Stockholders have until September 5, 2025, to elect their preferred form of merger consideration between $63.00 per share in cash or a mixed consideration of cash and equity. The acquisition is expected to enhance Skechers' growth potential under 3G Capital's management.

Skechers USA Inc. (NYSE: SKX) and 3G Capital Partners L.P. have received all necessary regulatory approvals for the proposed acquisition of Skechers by 3G Capital. The transaction is expected to close on September 12, 2025, subject to customary closing conditions [1].

The deadline for Skechers stockholders of record to elect their preferred form of merger consideration is 5:00 p.m. Eastern Time on September 5, 2025. Stockholders have the option to receive either $63.00 per share in cash or a mixed consideration of $57.00 per share in cash and one equity unit in a newly-formed, privately held company [1].

The acquisition is anticipated to enhance Skechers' growth potential under 3G Capital's management. Skechers, a Fortune 500 company, designs, develops, and markets a diverse range of lifestyle and performance footwear, apparel, and accessories for men, women, and children. The company's collections are available in approximately 180 countries and territories through various retail channels [1].

3G Capital, a global investment firm, is known for its owner-operator approach to investing over a long-term horizon. The firm has a history of acquiring iconic businesses and unlocking durable growth and enduring value [1].

References:
[1] https://www.morningstar.com/news/business-wire/20250828667104/skechers-and-3g-capital-announce-receipt-of-all-required-regulatory-approvals-for-proposed-acquisition-and-election-deadline