The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Apollo Global to buy US golf course operator ClubCorp for US$1.1b

Published Mon, Jul 10, 2017 · 09:50 PM
Share this article.

New York

PRIVATE equity firm Apollo Global Management LLC said on Sunday it had agreed to acquire ClubCorp Holdings Inc, one of the largest owners and operators of private golf and country clubs in the United States, for US$1.1 billion.

The deal comes three months after ClubCorp announced the retirement of is CEO Eric Affeldt and said that it had decided not to pursue a "strategic transaction", after efforts to e…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here