VG Acquisition jumps after Bloomberg said in talks to take 23andMe public

Shares of Richard Branson's special purpose acquisition company VG Acquisition (VGAC) jumped after Bloomberg reported that the company is in talks to take 23andMe public through a roughly $4B deal. A deal could be announced in the coming weeks if talks are successful, people familiar with the matter told Bloomberg. In 2018, 23andMe had a $2.5B valuation, separate sources told the news agency. Shares of VG Acquisition halted for volatility after jumping 18%, or $2.42, to $16.07 following the report.