F&F to Mobilize All Capabilities to Achieve TaylorMade Acquisition
On June 24, F&F released an official statement regarding the global golf brand TaylorMade, saying, "As the largest investor, F&F made a strategic investment from the outset on the premise of acquiring TaylorMade, and this direction remains unchanged."
At the time of its investment in 2021, F&F committed to and executed the investment on the premise of acquiring TaylorMade, thereby securing key rights such as preemptive consent and preferential purchase rights.
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These contractual mechanisms were established to achieve F&F's investment goal of acquiring TaylorMade. Nevertheless, regarding the recent sale process of TaylorMade being conducted by Centroid without F&F's consent, F&F emphasized, "We will hold them accountable by taking all contractually and legally available measures, and F&F will mobilize all of our capabilities to achieve our original investment objective."
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