Hello reader,

Welcome to the September 2020 issue of The Dealmaker.

Wall Street’s recent reception of IPOs has been so encouraging that a new cohort of companies is already getting started on plans to debut in 2021. Oat milk maker Oatly is eyeing a listing that could result in a $5 billion valuation. Oscar Health is preparing an offering of its own, fresh off $225 million in new VC funding. And Flipkart and its majority owner, Walmart, are readying an IPO that could value the Indian e-commerce power at $45 billion or more.

Here are some of the most important M&A news we have read this month: