Adidas AG and Blackstone Group LP are among the companies vying for Acushnet Co., Fortune Brands Inc.’s golf division that includes Titleist and FootJoy, sources told Bloomberg News. Offers are due May 9, and Fortune Brands may negotiate with multiple parties in the coming weeks, one source said.
Sumitomo Rubber Industries Ltd., the owner of the Srixon golf ball line, also may submit a bid, one of the sources told Bloomberg. Fortune’s sporting-goods business generated more than $1.2 billion in sales last year.
