Our M&A lawyers are among the most experienced and effective in the world. We represent many of the world's largest publicly traded and privately held companies, as well as leading private equity firms on their most important mergers, acquisitions and takeover transactions.
3G Capital to Acquire Skechers
- Client News
- May 5, 2025
Paul, Weiss is advising global investment firm 3G Capital on its acquisition of Skechers U.S.A., Inc., the world’s third-largest footwear company with $9 billion in annual sales. Under the terms of the agreement, 3G Capital will pay $63 per share in cash for all outstanding shares of Skechers, with the option for existing Skechers shareholders to instead receive $57 in cash and one unlisted, non-transferable equity unit in a newly formed, privately held company that will be the parent company of Skechers following the transaction’s close. The transaction is expected to close during the third quarter of 2025, subject to customary closing conditions and regulatory approvals.
The Paul, Weiss team was led by corporate partners Laura Turano, Dotun Obadina and Scott Barshay, and included partners Bradley Brown, John Kennedy, Patricia Vaz de Almeida, David Marshall and Mohammed Alvi and counsel Nathan Mitchell; executive compensation partners Jarrett Hoffman; intellectual property partner Claudine Meredith-Goujon; tax partners Jeffrey Samuels and Robert Killip and counsel Alyssa Wolpin; real estate partner Peter Fisch; antitrust partner Marta Kelly and counsel Chad de Souza; and environmental partner Stefanie Gitler.