Skechers U.S.A., Inc. and 3G Capital published a statement that all necessary regulatory approvals have been received to proceed with 3G Capital’s acquisition of the California-based footwear and apparel brand. The transaction, initially disclosed in May, is expected to close on Sept. 12, 2025, subject to customary conditions.
As part of the process, Skechers shareholders must choose between two forms of consideration: $63 per share in cash or a mixed option of $57 in cash and one equity unit in a new, privately held parent company. Elections must be submitted by 5:00 pm ET on Sept. 5, 2025. Only 20 percent of the total outstanding shares will be eligible for the mixed option, with potential proration if oversubscribed.
Shareholders holding stock via brokers or banks are advised to confirm internal deadlines and procedures. Election materials were distributed starting Aug. 5 to shareholders of record as of July 29.
Founded in Southern California, Skechers is a Fortune 500 company offering lifestyle and performance footwear, apparel and accessories in over 180 countries. 3G Capital, established in 2004, is a global investment firm recognized for its acquisitions and restructuring of large consumer brands.
Additional details are available in the Information Statement/Prospectus filed with the SEC on Aug. 5, 2025.
