Footwear manufacturer Skechers USA Inc. will be acquired by investment firm 3G Capital for $9.4 billion. The transaction is expected to close in the third quarter of 2025 and will be financed through a combination of cash provided by 3G Capital and debt financing committed by JPMorgan Chase Bank. This acquisition marks a significant development in the footwear industry, consolidating Skechers under the ownership of a prominent investment firm. \n— new from Bloomberg.com
