A cheeky website about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. If you have a tip or want to discuss a story please feel free to email Betaville at ben@betaville.co.uk. Betaville can also be reached at Whats App, Signal or Telegram. Betaville's Twitter handle is @bharringtonw11 and you can message me via Twitter with stories.

Betaville Intelligence

RARE ALERT: The Hut Group said to ...

Monday, 10 May 2021, 12:43 pm

The Hut Group, the London-listed e-commerce retail giant, is rumoured to be working on a deal that could see the company raise up to £500 million of fresh funds.

People following the situation suggested the £500 million deal may be immiment although it's not clear what type of transaction is being contemplated by The Hut Group.

It's also not clear what the funds will be used for, said people following the situation...

Read more...

Woodward said to be eyeing London-listed Meggitt, according to Dealreporter

Friday, 7 May 2021, 5:25 pm

Arch rivals at Dealreporter (where Betaville's illustrious career in financial journalism began) revealed this morning that Woodward, the US-listed designer of controls for the aerospace industry, is looking at London-listed Meggitt, the jet parts manufacturer for the defence companies.

That tale sent Meggitt's shares skyrocketing almost 14pc but there was no announcement from either party confirming any talks or even weighing of an offer...

Read more...

Amigo, Amigo ... - Part 2

Thursday, 6 May 2021, 6:58 pm

The stakebuilding shenanigans at Amigo Loans continues.

Today, Bybrook Capital - which describes itself as an 'absolute value credit fund manager' - announced it has increased its stake in the controversial subprime lender to 9.1pc while last week JP Morgan said it controls 8.3pc.

Some market scallywags reckon JP Morgan is fronting a stakebuilding for another outfit, possibly even Bybrook...

Read more...

Tags: Amigo

That KKR bid for John Laing Group...

Thursday, 6 May 2021, 3:42 pm

Betaville is in a bit of a grump.

A lot of hard worrk was thrown out of the window this afternoon after infrastructure investor John Laing Group decided to confirm is in talks with KKR about a possible offer for the company. Below is the link:..

Read more...

Refinitiv says global dealmaking hits all-time record, again

Tuesday, 4 May 2021, 12:15 pm

Ping!

An email arrives from LSE-owned data provider Refinitiv. Apparently, dealmaking around the world has hit an all-time record. Now, I'm sure I have heard that one before over the last fifteen years. Anyway, below is the press release in case you are interested:

Global M&A breaks all-time April and YTD records

..

Read more...

Tags: LSE, Refinitiv

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].