The Globe and Mail reports in its Tuesday edition that Skechers has agreed to be taken private by 3G Capital for $9.42-billion in the footwear industry's biggest buyout to date, exiting public markets after 26 years as the popular shoe brand grapples with the impact of steep U.S. tariffs (all figures U.S.). A Reuters dispatch to The Globe says 3G Capital has offered $63 per Skechers share in cash, the footwear brand said on Monday. That represents a 28-per-cent premium to the stock's Friday close. Skechers shares jumped 25 per cent to $61.86 on the news, regaining some ground after dropping nearly 30 per cent this year as the company withdrew its annual results forecast in April and warned of the fallout from U.S. President Donald Trump's 145-per-cent import tariff on Chinese goods. China accounts for a bulk of imports for the brand's U.S. business. Needham analyst Tom Nikic said the deal may have been accelerated by the volatile macro environment and the company may have wished to navigate these challenges without being under Wall Street's scrutiny. Skechers, Nike and Adidas are among the companies that have urged Mr. Trump to exempt shoes from his tariffs. Skechers has 5,000 retail stores in more than 120 countries.