"Delisting to avoid tariffs" under the shadow of tariffs, U.S. shoe industry giant Skechers accepts acquisition.

This week, American footwear giant Skechers, known for producing athletic leisure shoes, has agreed to be acquired by Brazilian private investment firm 3G Capital after more than twenty years on the market, transitioning to a privately held company. Most of the production lines of Skechers and other large American footwear companies are concentrated in Asia, putting these companies under enormous pressure due to the tariffs imposed by the US government. Against this backdrop, this acquisition has attracted significant attention. According to a joint statement released by Skechers and 3G Capital, 3G Capital will acquire Skechers at a price of over $90 billion, or $63 per share. The board of directors of Skechers has unanimously approved the acquisition deal, which is expected to be completed in the third quarter of this year.