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Nature Holdings beats Shinsegae, CJ to join TaylorMade deal

Nature Holdings beats Shinsegae, CJ to join TaylorMade deal
kedglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kedglobal.com Daily Mail and Mail on Sunday newspapers.

How Private Equity Factors In To The Colonial Pipeline Hack

How Private Equity Factors In To The Colonial Pipeline Hack
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

Korean PEF clinches $1 6 bn TaylorMade Golf acquisition

Courtesy of TaylorMade Golf South Korea s lesser-known private equity firm Centroid Investment Partners has acquired US sports equipment manufacturing firm TaylorMade Golf Co. for 1.8 trillion won ($1.7 billion), marking the largest-ever acquisition in the golf goods industry. The cross-border transaction became the six-year-old PEF s first deal in the billion dollar range, beating four other unidentified shortlisted candidates, including a global strategic buyer, according to investment banking sources on May 11. Centroid Investment has signed a share purchase agreement with the US-based KPS Capital Partners that is set to pocket more than four times its investment from the exit in four years. It took over TaylorMade from Adidas for $425 million in May 2017.

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