FTX-backed PayUp agreed to merge with IG Acquisition while multiple corporates participated in Line Man Wongnai’s $265m series B round.
Reverse merger
PlayUp, an Australia-based online betting platform backed by cryptocurrency exchange FTX, has agreed to merge with Nasdaq-listed special purpose acquisition company IG Acquisition Corp. The merger, which is set to close in the first quarter of 2023, will value PlayUp at $350m.
M&A
Veterinary product manufacturer Merck Animal Health has agreed to acquire a portfolio company, Vence. The US-based virtual livestock management service…
