(Reuters) -Footwear company Skechers said on Monday it had agreed to be acquired by investment firm 3G Capital in a deal worth $9.4 billion.
3G Capital, a buyout firm controlled by Brazilian billionaire financier Jorge Paulo Lemann, has offered to pay $63 per Skechers share in cash, a 28% premium to the stock’s Friday close.
Shares of the company jumped nearly 26% to $62.10 in premarket trading after the announcement.
(Reporting by Savyata Mishra in Bengaluru; Editing by Devika Syamnath)
