MBK Partners unit offers to buy Accordia Golf Trust's assets for $577m

MBK Partners unit offers to buy Accordia Golf Trust's assets for $577m

Golf ball on a golf course. Pixabay

Japan’s Accordia Golf Co. Ltd, part of private equity firm MBK Partners, proposed on Monday to buy out Singapore-listed Accordia Golf Trust’s (AGT) stakes in 88 golf courses in Japan for about 61.8 billion yen ($576.92 million).