05:03 PM EDT, 08/28/2025 (MT Newswires) -- Skechers (SKX) and 3G Capital received all regulatory approvals for the private equity firm's acquisition of the footwear and apparel retailer.

The transaction is expected to close on Sept. 12, the companies said Thursday in a statement.

Skechers stockholders can elect to receive either $63 in cash per common share or $57 a share in cash plus one equity unit in a newly formed, privately held firm, which will be the parent of Skechers, the companies said. The deadline is 5 p.m. Eastern time on Sept. 5.