Topgolf Callaway Brands announces an agreement to sell a majority stake in its topgolf business to Leonard Green & Partners

Reuters

Nov 20, 2025

Nov 18 (Reuters) - Topgolf Callaway Brands Corp ::
*TOPGOLF CALLAWAY BRANDS ANNOUNCES AN AGREEMENT TO SELL A MAJORITY STAKE IN ITS TOPGOLF BUSINESS TO LEONARD GREEN & PARTNERS
*TOPGOLF CALLAWAY BRANDS CORP: TRANSACTION VALUES TOPGOLF AT APPROXIMATELY $1.1 BILLION
*TOPGOLF CALLAWAY BRANDS CORP -LEONARD GREEN TO ACQUIRE A 60% INTEREST IN TOPGOLF WITH TOPGOLF CALLAWAY BRANDS RETAINING A 40% STAKE
*TOPGOLF CALLAWAY BRANDS CORP - LEONARD GREEN TO BUY 60% INTEREST IN TOPGOLF
*TOPGOLF CALLAWAY BRANDS CORP - COMPANY TO CHANGE NAME TO CALLAWAY GOLF, TICKER TO CALY
*TOPGOLF CALLAWAY BRANDS CORP: EXPECTS TO RECEIVE APPROXIMATELY $770 MILLION IN NET PROCEEDS
*TOPGOLF CALLAWAY BRANDS: LGP HAS OBTAINED DEBT AND EQUITY COMMITMENTS FOR TRANSACTION

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 18-NOV-202511:30:00.473 GMT

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PARTNERS<br/>*TOPGOLF CALLAWAY BRANDS CORP: TRANSACTION VALUES TOPGOLF AT APPROXIMATELY $1.1 BILLION<br/>*TOPGOLF CALLAWAY BRANDS CORP -LEONARD GREEN TO ACQUIRE A 60% INTEREST IN TOPGOLF WITH TOPGOLF CALLAWAY BRANDS RETAINING A 40% STAKE<br/>*TOPGOLF CALLAWAY BRANDS CORP - LEONARD GREEN TO BUY 60% INTEREST IN TOPGOLF<br/>*TOPGOLF CALLAWAY BRANDS CORP - COMPANY TO CHANGE NAME TO CALLAWAY GOLF, TICKER TO CALY<br/>*TOPGOLF CALLAWAY BRANDS CORP: EXPECTS TO RECEIVE APPROXIMATELY $770 MILLION IN NET PROCEEDS<br/>*TOPGOLF CALLAWAY BRANDS: LGP HAS OBTAINED DEBT AND EQUITY COMMITMENTS FOR TRANSACTION<br/><br/>  ((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))<br/>  Source Date/Time = 18-NOV-202511:30:00.473 GMT</modg.n></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4190","symbol_name":"消闲用品","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251119:nRSDbTWZzX:1","article_id":"2584927422","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584927422","pubTimestamp":1763575052,"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":"Nov 18 (Reuters) - Topgolf Callaway Brands Corp ::*TOPGOLF CALLAWAY BRANDS ANNOUNCES AN AGREEMENT TO SELL A MAJORITY STAKE IN ITS TOPGOLF BUSINESS TO LEONARD GREEN & PARTNERS*TOPGOLF CALLAWAY BRANDS C","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4190":"消闲用品","MODG":"Callaway Golf"},"translate_title":"Topgolf Callaway Brands宣布达成协议，将其Topgolf业务的多数股权出售给Leonard Green&Partners","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MODG":0.9},"content_text":"Nov 18 (Reuters) - Topgolf Callaway Brands Corp ::*TOPGOLF CALLAWAY BRANDS ANNOUNCES AN AGREEMENT TO SELL A MAJORITY STAKE IN ITS TOPGOLF BUSINESS TO LEONARD GREEN & PARTNERS*TOPGOLF CALLAWAY BRANDS CORP: TRANSACTION VALUES TOPGOLF AT APPROXIMATELY $1.1 BILLION*TOPGOLF CALLAWAY BRANDS CORP -LEONARD GREEN TO ACQUIRE A 60% INTEREST IN TOPGOLF WITH TOPGOLF CALLAWAY BRANDS RETAINING A 40% STAKE*TOPGOLF CALLAWAY BRANDS CORP - LEONARD GREEN TO BUY 60% INTEREST IN TOPGOLF*TOPGOLF CALLAWAY BRANDS CORP - COMPANY TO CHANGE NAME TO CALLAWAY GOLF, TICKER TO CALY*TOPGOLF CALLAWAY BRANDS CORP: EXPECTS TO RECEIVE APPROXIMATELY $770 MILLION IN NET PROCEEDS*TOPGOLF CALLAWAY BRANDS: LGP HAS OBTAINED DEBT AND EQUITY COMMITMENTS FOR TRANSACTION  ((Reuters Investor Briefs; 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