In today’s briefing:
- Merger of PGA Tour, DP World Tour, & LIV Golf – Impact on Fila Holdings and Acushnet
Merger of PGA Tour, DP World Tour, & LIV Golf – Impact on Fila Holdings and Acushnet
- In the past several days, one of the biggest news in the global sports industry has been the merger of PGA Tour, DP World Tour, and LIV Golf.
- We believe that this merger is likely to have a positive impact on the global golf industry, including on Fila Holdings (081660 KS) and Acushnet Holdings (GOLF US).
- If this merger successfully completed this year, there is a good possibility of a pick-up in golf related equipment sales and profits for Acushnet and Fila Holdings starting 2024.