Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Fila Korea - IPO of Acushnet Is the Tipping Point of Value Realization

F&F (383220 KS/Buy)TaylorMade Issue Approaching Resolution

F&F: A Key Beneficiary of Explosive Popularity of Jung Hoo Lee (Grandson of the Wind) In the MLB

Douglas Research Advisory

Event-Driven

<ul>
<li>The M&amp;A of TaylorMade is coming to a conclusion in the next few weeks. Old Tom Capital (US) so far has submitted the highest bid at about 4.4 trillion won.</li>
<li>F&amp;F could sell its stake in TaylorMade to Old Tom Capital at higher than 4 trillion won, which could result in cash inflow of nearly 1 trillion won for F&amp;F</li>
<li>From this stake sale, one of the emerging scenarios is for F&amp;F to potentially acquire the controlling stake in <strong>Canada Goose.</strong>
</li>
</ul>


The M&amp;A of TaylorMade is coming to a conclusion in the next few weeks. Old Tom Capital (US) so far has submitted the highest bid at about 4.4 trillion won.
F&amp;F could sell its stake in TaylorMade to Old Tom Capital at higher than 4 trillion won, which could result in cash inflow of nearly 1 trillion won for F&amp;F
From this stake sale, one of the emerging scenarios is for F&amp;F to potentially acquire the controlling stake in Canada Goose.



F&F - To Sell Its Stake in TaylorMade to Buy Canada Goose?