Goldman's Accordia Golf to spend ¥20 billion buying several course operators (The Japan Times)
Goldman Sachs Group Inc.'s Japanese golf business unit plans to buy more courses as the recession forces companies to sell off assets unrelated to their main business. Accordia Golf Co., Japan's largest operator of the leisure facilities, aims to spend ¥20 billion to buy six to 10 golf course operators by Dec. 31, said Arihiro Kanda, a member of the company's board and a former Goldman banker. ...
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