Callaway Sells Majority Stake in Topgolf for $1.1 Billion
Topgolf Callaway Brands is selling 60% of its Topgolf unit to Leonard Green & Partners (LGP). This deal allows the company to focus on its golf equipment and apparel brands.
Topgolf Callaway Brands is selling 60% of its Topgolf unit to Leonard Green & Partners (LGP). This deal allows the company to focus on its golf equipment and apparel brands.
Topgolf Callaway Brands explores selling its Topgolf entertainment business to private equity firm Leonard Green for approximately $1 billion as part of division split strategy.