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:
- Oracle Wins Bid for TikTok in U.S., Beating Microsoft – The Wall Street Journal
- ByteDance plans TikTok IPO to win U.S. deal as deadline looms – Reuters
- Reliance inks $3.4 bn deal to buy Future Group’s retail, other biz – VC Circle
- 9 big things: A $44B unicorn stampede hits Wall Street – Pitchbook
- Richard Branson to raise $400m for Spac – Financial Times
- Nvidia Buys Arm From SoftBank for $40 Billion – The New York Times
- The LTSE, the NYSE and the future of IPOs – Pitchbook
- MetLife to buy PE-backed Versant Health for $1.68 billion – Reuters