All Yucaipa Acquisition Corporation articles
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News briefsSigna Sports United goes public
Signa Sports United (SSU) completed its previously announced merger with Yucaipa Acquisition Corporation on Dec. 14, following approval by Yucaipa shareholders at a special meeting on Dec. 13. The combined company will operate under the name Signa Sports United and its common stock will begin trading on the New York ...
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News briefsSigna Sports United collects more funds
The Wall Street Journal reports that Saudi Arabia’s Public Investment Fund is about to make a major investment in Signa Sports United (SSU), the big operator of online stores based in Berlin, which indicated four months ago its intention to go public. It would join other investors including Abu Dhabi’s ...
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ArticleGlobal bicycle stocks chart Q2 2021:
Still riding the waveDue to the Covid-related closures, the focus in the first quarter of 2021 was still very much on alternative mobility products. This shifted somewhat in the second quarter. Falling infection figures and rising economic data have provided a breath of fresh air. This is leading to a renewed focus on traditional stock values. After all, in Covid times, these were properly beaten down. For example, shares in the automotive sector fell to respective lows below their actual value. The stock market is currently reacting positively to a time without lockdowns and the current efforts of the automotive industry to make its contribution to the mobility revolution with electrification. Global bicycle stocks continue to cruise at great heights but did not perform as extraordinarily in Q2 as they did in the first three months of this year.
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ArticleSigna Sports United buys bike e-tailer Wiggle - and plans to go public
Through a merger with Yucaipa Acquisition Corporation , a U.S. special purpose acquisition company, the previously indicated IPO (see SGI Europe ) of Berlin-based Signa Sports United ( SSU ), led by Austrian investor Rene Benko , will now proceed faster than anticipated. According to a projected valuation, the combined ...
