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Article Date: October 2023
Word Count: 154

SSU Shareholder Terminates €150 Million Commitment


Signa Sports United, which recently delisted from the NYSE, received a termination notice on Oct. 16 from Signa Holding GmbH for its unconditional equity commitment. Signa Holding is a subsidiary of the SSU’s largest shareholder, Munich-based Signa International Sports Holding GmbH. The arrangement dates to June 26, 2023, when Signa Holding unconditionally committed to provide SSU with additional liquidity in the amount of €150 million during the period ... Log in to view full article.

 


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