Callaway Golf to acquire German active wear brand Jack Wolfskin for about $476 million

Callaway Golf Co. ELY, -1.66% said Friday it has reached a deal to acquire Jack Wolfskin, a maker of outdoor clothing, footwear and equipment based in Germany, for the equivalent of about $476 million

Source: https://www.marketwatch.com/story/callaway-golf-to-acquire-german-active-wear-brand-jack-wolfskin-for-about-476-million-2018-11-30?ns=prod/accounts-mw