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Skechers is being acquired by 3G Capital for $63/share, with the family owners accepting the bid despite strong growth prospects. Learn more about SKX stock here.
Global footwear and apparel company Skechers USA is facing a lawsuit for allegedly infringing on footwear brand Kizik ...
Kraft Heinz (NASDAQ:KHC) is considering undertaking a landmark separation of its business by spinning off a substantial part ...
3G Capital will acquire footwear maker Skechers USA Inc. for $9.4 billion, marking a splashy return to dealmaking for the investment firm after nearly four years.
Skechers' 26-year run on the public markets will soon come to an end after it announced it will be acquired by private equity firm 3G Capital for $63 per share. The purchase price represents a 30% ...
3G had been periodically trimming its stake in Kraft Heinz since 2018. When it sold 25 million shares in 2019, at the height of the company's troubles, the stock fell 4% in response to the disclosure.
Buyout firm 3G Capital managed to build a consumer empire with a market value of over $140 billion in just seven years. Yet its ruthless approach to costs may end up hampering 3G-backed Kraft ...
3G Capital Partners LP is known for wringing costs out of food-and-beverage businesses. Its track record for boosting sales and market share of their products is less stellar.
Brazilian investment firm 3G Capital paid $3.3 billion for Burger King's parent company in 2010, and that company acquired Tim Hortons for $12 billion in 2014.