Italy’s largest sports retailer, Cisalfa, has reached a deal to buy the Munich-based sports retail chain SportScheck out of bankruptcy, the insolvency administrator announced on Wednesday. Cisalfa will take over the business operations as a whole, continue the SportScheck brand and retain the Munich location as the brand’s headquarters. The takeover is still subject to approval by the antitrust authorities and is expected to be completed by June, administrator Axel Bierbach said. SportScheck, which operates 34 stores in Germany, was owned by Austrian real estate mogul René Benko’s sprawling Si…