Situational awareness: Xerox has threatened to go hostile in its efforts to acquire HP, per a letter sent by Xerox to the HP board of directors.
Charles Schwab is in talks to buy TD Ameritrade, according to multiple media reports this morning.
🐔 Crying fowl: Two co-founders of Tyson Foods' venture capital unit plan to leave the poultry giant by year-end, Axios has learned.
• Dem debate: Zero mention of private equity last night, even when Sen. Elizabeth Warren was asked a question about affordable housing — an issue on which she's proposed new regulations on corporate landlords like The Blackstone Group's Invitation Homes.
• Today in SoftBank: Apple has joined Intel in an antitrust suit against Fortress Investment Group, a unit of SoftBank.
🎧 Pro Rata Podcast digs into the latest on the Hong Kong protests. Listen here.
PayPal (Nasdaq: PYPL) agreed to buy Honey, an app and browser plug-in for e-commerce coupons, for around $4 billion in cash and stock.
• Celonis, a German provider of business process analytics, raised $290 million in Series C funding at a $2.5 billion valuation. Arena Holdings led, and was joined by Ryan Smith (Qualtrics), Tooey Courtemanche (Procore), and return backers Accel and 83North. www.celonis.com
🚑 GenapSys, a Redwood City, Calif.-based genome sequencing company, raised $90 million in Series C funding led by Foresite Capital. http://axios.link/kLc9
🚑 Werewolf Therapeutics, a Cambridge, Mass.-based developer of cancer drugs, raised $56 million in Series A funding. MPM Capital and Longwood Fund co-led, and were joined by Taiho Ventures, Arkin Bio Ventures, UPMC Enterprises and DC Investment Partners. http://axios.link/Sgg4
🐼 BigPanda, a Mountain View-based autonomous ops platform, raised $50 million in Series C funding. Insight Partners led, and was joined by return backers Sequoia Capital, Battery Ventures, and Mayfield. http://axios.link/ekgk
• Perfios, an India-based provider of software for aggregating and analyzing financial data, raised nearly $50 million in Series B funding co-led by Warburg Pincus and Bessemer Venture Partners. http://axios.link/eLDx
• Vouch, a provider of business insurance to startups, raised $45 million in Series B funding led by YC Continuity Fund. http://axios.link/U9NN
• N3twork, a San Francisco-based games publisher, raised $40 million in Series C funding from Griffin Gaming Partners, Galaxy Digital Capital, KPCB Holdings, Korea Investment Partners, TABLE, Blue Planet Software, and Ocean Road. http://axios.link/Xq6E
🚑 Immunitas Therapeutics, a Boston-based immuno-oncology startup, raised $39 million in Series A funding. Bayer and Novartis co-led, and were joined by Evotec, M Ventures, and Alexandria Venture Investments. http://axios.link/TcwJ
• Bison Trails, a blockchain protocols startup, raised $24.5 million in Series A funding from Kleiner Perkins, Coinbase Ventures, ConsenSys, A Capital, Collaborative Fund, Sound Ventures, Galaxy Digital, and Initialized Capital. http://axios.link/9jBP
• Starburst, a Boston-based data analytics modernization startup, raised $22 million led by Index Ventures. http://axios.link/y0CI
• Mythical Games, a Los Angeles-based game publisher focused on “player-owned economies,” raised $19 million. Javelin Venture Partners led, and was joined by Avon Ventures, Alumni Ventures, Hashed, and return backers Galaxy Digital and Struck Capital. http://axios.link/Tto0
• Banyan Security, a San Francisco-based provider of secure remote access solutions, raised $17 million. Shasta Ventures led, and was joined by Unusual Ventures. www.banyansecurity.io
• CHEQ, a New York-based ad fraud prevention startup, raised $16 million in Series B funding co-led by Battery Ventures and MizMaa Ventures. http://axios.link/QwMJ
• Samasource, a San Francisco-based AI training data provider, raised $14.8 million in Series A funding. Ridge Ventures led, and was joined by Social Impact Ventures, Bestseller Foundation and Bluecrest Limited Capital. http://axios.link/uSml
• Loom Systems, a San Francisco-based developer of a predictive AI ops platform, raised $10 million. Flint Capital led, and was joined by JVP, Meron Capital, and 31Ventures. www.loomsystems.com
• Inhabitr, a Chicago-based furniture rental startup, raised $4 million in Series A funding led by Great North Labs. http://axios.link/Sj83
• Cinven, Astorg, and ADIA agreed to buy LGC Group, a scientific testing and measurement firm, from KKR for around £3 billion. http://axios.link/0VMG
• Gen Cap America agreed to buy Griffin Gear, a Roebuck, S.C.-based maker of replacement gears and provider of gearbox rebuilds for industrial applications. www.griffingear.com
• Canaan, a Chinese cryptocurrency mining equipment maker, raised $90 million in its IPO. The company priced 10 million shares at $9, for an initial market cap of $1.4 billion. It will trade on the Nasdaq (CAN) and used Credit Suisse as lead underwriter. Canaan originally filed for a $400 million IPO. http://axios.link/67ga
• FDJ, a French lottery operator, raised 1.89 billion in its Paris IPO. http://axios.link/vIjy
• SITime, a Santa Clara, Calif.-based MEMS company being spun off of Japan’s MegaChips, raised $56 million in its IPO. The company priced 4.3 million shares at $13 (low end of range), for an initial market cap of $186 million. It will trade on the Nasdaq (SITM) with Barclays as lead underwriter. http://axios.link/zMxI
• YX Asset Recovery, a Chinese consumer debt collector, postponed a U.S. IPO designed to raise upwards of $90 million. http://axios.link/CLBf
• Ardian hired Macquarie to find a buyer for German professional loudspeaker maker D&B Audiotechnik, which could fetch more than €600 million, per Reuters. http://axios.link/8lyJ
• MetLife (NYSE: MET) agreed to buy Bequest, a New York-based online platform for creating wills and estate-planning documents. Bequest had raised an undisclosed amount of funding from m Vayner/RSE, YC, Switch VC, Sound Ventures, and 500 Startups. http://axios.link/IyWe
• Middleby (Nasdaq: MIDD) agreed to buy Brava, a Newark, Calif.-based maker of connected ovens, for an undisclosed amount of cash and stock. Brava had raised over $60 million from firms like True Ventures, TPG Growth, Lightspeed Venture Partners, Rise Fund, Cowboy Ventures, CAA Ventures, Lead Edge Capital, Next Coast Ventures, and DGNL Ventures. http://axios.link/QTul
• Sonos (Nasdaq: SONO) acquired Snips, a French voice assistant startup, for $37 million in cash. Snips had raised around $17 million from firms like Korelya Capital, Eniac Vntures, and MAIF Avenir. http://axios.link/dhJD
• LVMH (Paris: LVMH) raised its bid for luxury jewelry retailer Tiffany & Co. (NYSE: TIF) to nearly $16 billion, with Tiffany agreeing to give LVMH confidential due diligence rights, per Reuters. http://axios.link/uUsX
• S&P Global (NYSE: SPGI) agreed to buy the ESG ratings business of RobecoSAM. http://axios.link/9PS6
🚑 Sanofi (Paris: SAN) is considering options for its consumer health unit, which could be worth $30 billion in a sale or float, per Bloomberg. http://axios.link/uXia
• Sony is in talks to buy a stake in listed Indian broadcaster Network18, per Bloomberg. http://axios.link/jNV7
• Standish Management, a fund administrator, agreed to buy Halsey Group, a Luxembourg-based fund and corporate services provider to international private equity and real estate investment firms. www.standishmanagement.com
🚑 GHO Capital raised €975 million for its second VC fund focused on European healthcare companies. http://axios.link/2Ou7
• Hamilton Lane named Jeff Armbrister as global co-head of co-investments, and Mingchen Xia and Collwyn Tan as co-heads of Asia investments. www.hamiltonlane.com
• Kais Khimji joined Sequoia Capital as a partner, per his LinkedIn page. He previously spent two years as an associate with Insight Partners. www.sequoiacap.com
🎧 Thanks for reading Axios Pro Rata. Please ask your friends, colleagues, and millennial day traders to sign up here.