Topgolf Callaway Brands Completes Sale of Jack Wolfskin to ANTA Sports for $290 Million

Reuters

06/02

Topgolf Callaway Brands Completes Sale of Jack Wolfskin to ANTA Sports for $290 Million

Topgolf Callaway Brands Corp. has announced the successful completion of the sale of its Jack Wolfskin business to ANTA Sports for $290 million, with the deal closing effectively on May 31, 2025. This transaction marks a significant milestone for Topgolf Callaway Brands as it shifts its strategic focus towards core businesses and bolsters its financial flexibility in anticipation of the planned separation of Topgolf from its main operations. Chip Brewer, President and CEO of Topgolf Callaway Brands, expressed excitement about the development and conveyed confidence in ANTA Sports' ability to uphold the Jack Wolfskin brand's integrity and reputation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TopGolf Callaway Brands Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA00189) on June 02, 2025, and is solely responsible for the information contained therein.

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This transaction marks a significant milestone for Topgolf Callaway Brands as it shifts its strategic focus towards core businesses and bolsters its financial flexibility in anticipation of the planned separation of Topgolf from its main operations. Chip Brewer, President and CEO of Topgolf Callaway Brands, expressed excitement about the development and conveyed confidence in ANTA Sports' ability to uphold the Jack Wolfskin brand's integrity and reputation.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TopGolf Callaway Brands Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA00189) on June 02, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2488822045.USD","symbol_name":"ALLIANZ CHINA HEALTHY LIVING \"AT\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250602:nNDL2f9kFQ:1","article_id":"2540616497","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540616497","pubTimestamp":1748856679,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Topgolf Callaway Brands Corp. has announced the successful completion of the sale of its Jack Wolfskin business to ANTA Sports for $290 million, with the deal closing effectively on May 31, 2025. 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