Digital Virgo to Merge With SPAC of Ex-Michael Jordan Agent (2)

Digital Virgo, a French mobile payment solutions company, is going public through a merger with a blank-check company founded by prominent sports executives including basketball great Michael Jordan’s former agent.

The company has agreed to a combination withGoal Acquisitions Corp. in a deal that would value it at $513 million including debt, the companies said in a statement Thursday, confirming a Bloomberg News report. The transaction is expected to provide Digital Virgo with at least $100 million in growth capital to expand in North America and elsewhere.

“After years of steady growth and profitability, now is ...