Merger activity remained steady last week with four new deals announced and none of the forty-two active deals reaching completion.
After months of muted activity on the M&A front due to the COVID-19 pandemic, it is interesting to see a steady increase in the number of new deals announced in the second half of this year. With digital healthcare evolving in the world of medicine, we witnessed the largest digital health deal last week, when Teladoc Health (TDOC) and Livongo Health (LVGO) announced their merger. More than 90% of the deal consideration in this cash