Acushnet Talking To Banks For A Possible IPO?

Bloomberg's Vinicy Chan and Alex Barinka report what has long been considered an inevitable conclusion to Acushnet's purchase by Fila Korea, Ltd. in 2011.

Others with knowledge of the value creation world say it's typical due dilligence work and doesn't mean the company behind Titleist is going public.

From the report:

The company is soliciting pitches from a number of banks for the IPO, which could take place next year, said the people, who asked not to be identified because the information is private. Acushnet could fetch a valuation of about $2 billion, according to the people. The size and timing haven’t been decided and could change, the people said.