Korea's Centroid rallies local support for TaylorMade buyout
Korean GP Centroid Investment Partners is tapping local investors to participate in a KRW1 trillion ($886 million) equity pool in support of its $1.7 billion acquisition of US golf club manufacturer TaylorMade.
The private equity firm, which has no blind pool funds to draw upon, secured approximately KRW650 billion from Yuanta Securities, enabling it to proceed with the bid, according to a source close to the...
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