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Article Date: June 2019
Word Count: 88

Callaway Buys Out Japan Joint Venture

ELY will pay ¥2 billion, or about $18 million, to TSI Groove & Sports Co, Ltd. to acquire the 48% of Callaway Golf K.K. that it does not already own, at a valuation of about 9x projected 2019 EBITDA. The deal also includes subsidiary ... Log in to view full article.


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