adidas to sell TaylorMade, Adams Golf and Ashworth to KPS Capital Partners
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Herzogenaurach May 10, 2017 Herzogenaurach, Germany / Carlsbad, California – adidas announced today that it has entered into a definitive agreement to sell its TaylorMade, Adams Golf and Ashworth golf brands to a newly formed affiliate of KPS Capital Partners, LP for a total consideration of US$ 425 million, around half of which will …