Mergers And Acquisition

Ginkgo Bioworks gears up for $17.5bn merger
The Illumina-backed microbial technology producer will list on the Nasdaq Capital Market through the reverse takeover transaction.
Kakao feeds on Radish and Tapas
Kakao has agreed to acquire portfolio companies Tapas, for $510m, and Radish, for $440m, as it looks to strengthen its recently merged entertainment subsidiary.
Plus pursues $3.3bn reverse takeover
The SAIC, Wanxiang, Full Truck Alliance and Quanta Computer-backed autonomous trucking technology developer will list on the Nasdaq Capital Market through the deal.
Benson Hill tends to public listing
The GV, Louis Dreyfus Company and Emart-backed food development platform creator is pursuing a reverse takeover at a $1.35bn valuation.
ESS charges up $1.1bn reverse merger
SoftBank vehicle SB Energy and BASF contributed to a $250m PIPE financing that will support the merger with the Nasdaq-listed Acon S2 Acquisition Corp.
Jasper Therapeutics jumps at reverse merger opportunity
Roche Venture Fund and Amgen will invest in the stem cell-transplant technology developer through a reverse merger transaction which will give it a $490m market capitalisation.
Science 37 experiments with reverse takeover
The Sanofi, Amgen, Alphabet, Novartis and PPD-backed clinical trials software producer is joining forces with publicly listed LifeSci Acquisition II Corp.
Bill.com decides on $2.5bn Divvy acquisition
Hanaco and PayPal are set to exit Divvy, a provider of corporate spend management software, at a 56% premium to the valuation at which they invested in January.

Other News

Valmont to harvest Prospera in $300m deal
Tekfen Ventures, Cisco Investments and Qualcomm Ventures are set to exit the crop monitoring technology developer later this year in a deal with Valmont Industries.
Zynga gets Chartboost in $250m deal
The SK Telecom-backed app advertising and monetisation service provider is set to be bought by Zynga following $21m of venture funding.
Better Collective to buy Action Network
The Chernin Group is set to exit the sports betting news platform provider it extablished four years ago, in a $240m acquisition deal.
Nuvei sends $250m for Simplex acquisition
Bitmain and DRW subsidiary Cumberland Mining are set to exit the crypto finance software provider five years after their investment.
Daily Deal Round Up: May 6, 2021
Opioid addiction care provider Groups Recover Together and healthcare management platform developer Vim each raised $60m, with Optum Ventures backing both rounds.
BitGo to enter Galaxy in $1.2bn acquisition
BitFury is set to exit the crypto wallet developer through a cash-and-stock acquisition by another investor, Galaxy Digital Holdings.

Editor's Picks

Bill.com decides on $2.5bn Divvy acquisition
Hanaco and PayPal are set to exit Divvy, a provider of corporate spend management software, at a 56% premium to the valuation at which they invested in January.
Valmont to harvest Prospera in $300m deal
Tekfen Ventures, Cisco Investments and Qualcomm Ventures are set to exit the crop monitoring technology developer later this year in a deal with Valmont Industries.
Sonder sends out $2.2bn reverse merger plans
The Lennar-backed accommodation provider will take a Nasdaq listing having previously raised $530m, and was valued at $1.3bn as of June 2020.
MessageBird's series C mushrooms to $1bn
Bonnier was among the investors that added $800m to the marketing technology provider's latest round, with $600m funding its purchase of SparkPost.
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