Asia
F&F Says No Decision Made on Potential Acquisition of TaylorMade
F&F (KRX:383220) said that it has not made any decision on a potential acquisition of golf equipment maker TaylorMade, denying media reports that it was considering exercising its right of first refusal with support from potential partners, according to a Monday filing with the Korea Exchange.The South Korean apparel company said that it has appointed Goldman Sachs as its financial adviser to prepare for the possible exercise of its existing rights if it determines such action is necessary.The company is yet to receive a notice of share transfer from Centroid Investment Partners and will take necessary steps to protect its rights and interests related to its investment.
KRX:383220
