The actions of Skechers, The third largest footwear company in the world, 24.35% were shot this Monday on Wall Street after the company announced that agreed to be acquired by 3g capitala global investment firm built on an owner-operator approach for long-term investment. According to the terms of the agreement, 3G Capital has agreed to pay $ 63 per cash for all shares in circulation of Skecherswhich represents a 30% premium on the average price weighted by volume of 15 days of the company's action. The transaction includes the option for current Skechers shareholders to receive $ 57 in cash And a non -quoted and non -transferable capital unit in a newly created private company that, after the closure of the transaction, will be the Skechers matrix. The possibility of making this choice is subject to restrictions.
Robert Greenbergpresident and CEO of Skechers, says that «in the last three decades, Skechers has experienced extraordinary growth«.» Our success is due to our commitment to excellence and innovation throughout the Skechers organization, to our supply of high demand products focused on comfort and our loyal partners. With a proven trajectory, Skechers starts a new stage in collaboration with the 3G Capital Global Investment Firm«, add. Once the transaction is completed, Skechers will continue executing its current strategic initiativesincluding product design, international development, direct expansion to the consumer, national wholesale growth and strategic investments in global distribution, infrastructure and technology. The company It will continue to be directed by President and CEO Robert Greenberg, President Michael Greenberg and the rest of the current management team. He will maintain his headquarters in his hometown of Manhattan Beach, California, where he was founded more than 30 years ago.