F&F Selects Goldman Sachs as Lead Advisor for TaylorMade Acquisition

[Financial News] F&F (F&F) announced on the 21st that it has selected the global investment bank Goldman Sachs as the lead advisor for the acquisition of TaylorMade, which is being pursued by the private equity fund Centroid Investment Partners.
F&F explained, "The core purpose of the investment in TaylorMade is acquisition, and if the exercise of the Right of First Refusal (ROFR) becomes important, it is necessary to prepare in advance to effectively execute it in a timely manner and complete the acquisition."
It continued, "We have not provided prior consent for the sale of TaylorMade, and the ongoing sale process is significantly infringing on our contractual consent rights," emphasizing, "Apart from the acquisition preparation, we will hold Centroid accountable for the already occurred contract violations by utilizing all possible means, including legal actions."
F&F added that it plans to carefully review various strategic options for the future acquisition of TaylorMade and will firmly respond to any infringement of contractual rights.

clean@fnnews.com Lee Jeong-hwa reporter