Chenghe Acquisition I Co. (LATG) to Combine with Femco Steel in $400M Deal
Chenghe I (NASDAQ:LATG) has entered into a definitive agreement to combine with golf club manufacturer Femco Steel Technology (TWO:6731) at a base equity value of $400 million. Chiayi, Taiwan-based Femco manufactures and sells its KBS brand golf clubs, which include irons as well as graphite-shafted clubs and wood drivers. The combined company is expected to
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