Acushnet Co., the parent of Titleist, FootJoy and Pinnacle, has entered discussions with several banks regarding a possible stock offering in 2016, according to multiple reports.
According to Bloomberg, the size and scope of the IPO would be determined with the bank selected, but a report suggests the company could be valued at $2 billion, an increase of $200 million over an estimate at the start of the year when talk of an Acushnet IPO began.
