Ron Burkle’s SPAC Said in Talks for $4 Billion Signa Sports Deal

German online retailer Signa Sports United GmbH is in talks to go public through a merger with billionaire investor Ron Burkle’s special purpose acquisition company, people with knowledge of the matter said.

Berlin-based Signa Sports has been discussing a deal with the blank-check firm, Yucaipa Acquisition Corp., that could value the combined entity at more than $4 billion, the people said, asking not to be identified because the information is private. Signa Sports is considering an acquisition of U.K. rival Wiggle Ltd. as part of the transaction, the people said.

Ron Burkle

Photographer: Chip Somodevilla/Getty Images

Yucaipa Acquisition, which counts Burkle as its ...