World Footwear

Companies

3G Capital and Skechers receive regulatory approval for acquisition

Sep 3, 2025 United States
3G Capital and Skechers receive regulatory approval for acquisition
Skechers and 3G Capital have announced that all the necessary regulatory approvals have been received for 3G Capital to proceed with its acquisition of the California-based footwear brand

As part of the process, Skechers shareholders must choose between two forms of consideration by 5:00 pm ET on the upcoming 5th of September: either 63 US dollars per share in cash, or a mixed option of 57 US dollars in cash and one equity unit in a new, privately held parent company. Only 20% of the total outstanding shares are eligible for the mixed option, which may be prorated if oversubscribed.

According to the statement, shareholders holding stock via brokers or banks were advised to confirm their internal deadlines and procedures. Election materials were distributed from the 5th of August to shareholders of record as of the 29th of July.

The acquisition deal, which was disclosed in May this year, is currently expected to close on the 12th of September 2025, subject to customary conditions.


Image Credits: drapersonline.com



Related Events

  • Sep
    6
    Sep 6-Sep 9, 2025 | Portland, United States

    The Northwest Market

  • Sep
    8
    Sep 8-Sep 9, 2025 | Michigan, United States

    Metro-Michigan Women's Wear Market

  • Sep
    11
    Sep 11-Sep 13, 2025 | Billings, Montana, United States

    Billings Market Association

  • Sep
    14
    Sep 14-Sep 16, 2025 | New York, United States

    Magic New York

Related Organizations

  • NSRA - National Shoe Retailers Association

    NSRA - National Shoe Retailers Association

    United States
  • L&HCA - Leather & Hide Council of America

    L&HCA - Leather & Hide Council of America

    United States
  • The Museum at FIT

    The Museum at FIT

    United States
  • Two Ten Footwear Foundation

    Two Ten Footwear Foundation

    United States