3G Capital to acquire Skechers for $9.4bn.

3G Capital, a global investment firm and private partnership, agreed to acquire Skechers, the third largest footwear company in the world, for $9.4bn. "Over the last three decades, Skechers has experienced tremendous growth. Our success has been due to our commitment to excellence and innovation across the entire Skechers organization, in-demand comfort-focused product offering, and loyal partners. With a proven track-record, Skechers is entering its next chapter in partnership with the global investment firm 3G Capital. Given their remarkable history of facilitating the success of some of the most iconic global consumer businesses, we believe this partnership will support our talented team as they execute their expertise to meet the needs of our consumers and customers while enabling the Company’s long-term growth," Robert Greenberg, Skechers Chairman and CEO.