23andMe Is Said to Be in Talks to Go Public Via Branson SPAC

Yahoo! Finance Jan 27, 2021 11:59 AM ET

(Bloomberg) -- Consumer DNA-testing company 23andMe Inc. is in talks to go public through a roughly $4 billion deal with VG Acquisition Corp., a special purpose acquisition company founded by Richard Branson, according to people familiar with the matter.A deal could be announced in the coming weeks if talks are successful, said the people, who asked not to be identified because the information was private. Discussions could still fall apart, the people said.In 2018, 23andMe had a $2.5 billion va...