06.05.2025 09:04
The world-renowned shoe brand Skechers is being sold to the private equity firm 3G Capital. According to the agreement, 3G Capital will make a cash payment of 2,500 TL per share for Skechers shares. This offer represents a premium of approximately 30% compared to the company's market value.
The world-renowned shoe brand Skechers, popular in Turkey, has accepted a buyout offer from private equity firm 3G Capital.
WILL WITHDRAW FROM THE STOCK MARKET AND BECOME PRIVATELY OWNED
After the completion of the acquisition, Skechers will withdraw from the stock market and become privately owned. This development may herald significant changes in the company's management structure and strategic direction.
2500 TL PER SHARE
According to the agreement, 3G Capital will make a cash payment of 2500 TL per share for Skechers shares. This offer represents a premium of approximately 30% compared to the company's stock market value.
"WE WILL SUPPORT THE COMPANY'S LONG-TERM GROWTH"
Skechers CEO Robert Greenberg stated in a press release, "With a proven track record of success, Skechers is opening a new chapter by partnering with the global investment firm 3G Capital. Given their extraordinary history of contributing to the success of some of the most iconic global consumer companies, we believe this partnership will support the company's long-term growth while our talented team utilizes their expertise to meet the needs of our consumers and customers." Greenberg will continue to serve as CEO of Skechers after the acquisition is completed.