Sporting goods retailer SIGNA Sports United, owned by Austrian investor Rene Benko, is in talks to go public through a merger with a blank-check company in a deal that could value the firm at up to $4 billion, Reuters reports, citing two people familiar with the matter.
SIGNA Sports United is working with several banks, including Citigroup, on a potential transaction and is in preliminary talks with SPACs, including Yucaipa Acquisition, the people said. Read more.
