News

IPO M&A Action: Takeover Talks Lift Two IPOX^® 100 U.S. Index Constituents

Reported takeover talks involving Instacart and Lumentum Holdings lifted shares of both IPOX^® 100 U.S. Index constituents. Instacart reportedly entered advanced discussions with DoorDash at a potential $17 billion valuation, while Lumentum was reportedly in advanced talks with Marvell Technology. The developments highlight M&A’s role in the IPO lifecycle: IPOX^® internal research estimates that approximately 41% of IPOs are eventually acquired. The index and GINDEX^® U.S. Growth Infusion Index follow innovation through recent listings and acquisitions of newly public companies.