- Callaway Golf Company (NYSE:ELY) announced completion of the previously announced joint venture between its Tokyo-based subsidiary, Callaway Golf K.K., and TSI Groove & Sports, a premier apparel manufacturer in Japan.
- Callaway Golf will hold a 52% stake in the new venture and will be effective from July,1.
- The company's recent guidance includes the completion of the joint venture.
- Press Release
Callaway Golf announces completion of joint venture with TSI Groove & Sports
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