StubHub Holdings, which operates ticket resale platforms StubHub and Viagogo, is considering the idea of going public via a direct listing, according to media reports.
Bloomberg reports that StubHub Holdings has filed paperwork with the US Securities and Exchanges Commission to pursue a direct listing.
According to the report, the group is working with advisers including JPMorgan Chase & Co and Goldman Sachs Group. A transaction could see StubHub valued at more than $13bn (£9.47bn/€11.35bn).
In September last year, Viagogo was given the green light by the UK’s Competition and Markets Authority (CMA) to complete its takeover of StubHub.
The deal was approved after it was agreed that StubHub would sell its international business to a venture capital group.
Viagogo had originally agreed the purchase of StubHub from e-commerce company eBay for $4.05bn in November 2019.
Eric Baker was a co-founder of StubHub while in business school, but left before the business was sold to eBay in 2007 for $310m.