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 benharringtonw11@gmail.com.

Tick Tock

Wednesday, 22 February 2017, 6:51 pm

Two days on and the upper echelons of the financial media world are still picking over the carcass of the failed Kraft Heinz / 3G / Warren Buffett / Unilever deal.

Probably the best newspaper piece out there is the "tick tock" by Arash Massoudi and James Fontanella-Kahn in today's Financial Times. Here is the link in case you haven't read it:..


Deal fees...

Tuesday, 21 February 2017, 9:12 am

I see the lead item in today's Daily Mail city diary is about how leading investment banks missed out on a massive fee bonanza after the Kraft Heinz's $143 billion takeover approach for Unilever collapsed...


0 comments | Tags: betaville, Daily Mail

Top of the market - the series returns - part 4

Friday, 17 February 2017, 1:15 pm

Take a bow Bryce Elder, stock market reporter over at the Financial Times. The intrepid hack has just landed the M&A scoop of the year, decade or, perhaps, century with his tale this morning about Kraft Heinz's £100 billion plus takeover approach for Unilever. If you follow M&A, I'm sure you have seen the statements.

I suspect rival hacks, such as the Kleinmanator of Sky News or team Bloomborg, will have trouble topping that one. Good luck to them...


Today on ITV - part 3

Wednesday, 15 February 2017, 11:30 am

The chaps and chapettes at FT Alphaville appear to be running behind schedule this week so I thought I should step in and fill the void.

I guess one event the market will be scrutinising will be Liberty Global's full-year results, which I'm told by people familiar with the matter will be unveiled this evening in the US...


0 comments | Tags: betaville, ITV, Liberty Global, Jon Malone

Back on Tip TV talking about William Hill, Stada, Cynosure and Zeltiq Aesthetics - part 2

Monday, 13 February 2017, 2:57 pm

No sooner had I posted the link to this morning's Tip TV session with Zak Mir than Allergan announced a $2.5 billion deal to buy Zeltiq Aesthetics!

Now, regular followers of my work will recall that, as well as today, I mentioned body sculpting company Zeltiq Aesthetics as a potential takeover target on Tip TV a few weeks ago. Here is the link:..


0 comments | Tags: betaville, Zeltiq Aesthetics, Cynosure

Fancy that - former FTSE 100-listed mining giant chalks up ANOTHER win against lawyers in court

Friday, 10 February 2017, 3:42 pm

Trade publications really are having a good week on the story front this week.

Indeed, today legal publication The Lawyer landed a rather intriguing tale about how a British High Court judge has thrown into question the legitimacy of a £16 million bill charged to Eurasian Natural Resources Corporation by Decherts, the law firm that counts the former deputy prime minister's wife as a partner...


0 comments | Tags: betaville, ERG, ENRC, FTSE 100

Flag pole alert - the series returns - part 6

Friday, 10 February 2017, 7:01 am

I realise this is a bit a late in the day but a loyal reader has got in touch with an interesting nugget from Japan Tobacco's results earlier this week.

Tucked away on page 6 of Japan Tobacco's investor presentation is an intriguing line about how is looking to "expand geographically notably through acquisitions". Here is a link to Japan Tobacco's investor presentation in case you haven't read it:..


A New Year's question: will Michael Kors strike a deal in 2017? - part 2

Wednesday, 8 February 2017, 7:08 am

Shares in Michael Kors took a pasting yesterday - falling about 10pc - after the US fashion brand cuts its profits and sales forecasts.

So, readers might be wondering what has happened since I posited a question on New Year's eve about whether Michael Kors will strike a deal in 2017? In case you don't remember, here is a link to the piece I wrote on New Year's eve while markets were closed:..


William Hill shenanigans - part 3

Wednesday, 8 February 2017, 6:47 am

There is a piece of Deutsche bank research floating out there in the market speculating about the possibility of a fresh takeover bid for William Hill, the listed bookmaker.

Now, readers might recall I broke the story about 888 and Rank coming together to instigate a three-way merger with William Hill in The Sunday Times last summer. In case you don't recall here is a link to that piece:..


Revealed: Heineken / Patron consortium said to have swept market for Punch Taverns stock as part of market raid - sources - part 2

Monday, 6 February 2017, 5:09 pm

I see Heineken this morning confirmed my Friday scoop about the market sweep the beer giant and its private equity partner carried out. In case you missed it, here is a link to today's confirmation:

http://www.investegate.co.uk/punch-taverns-plc--pub-/rns/holding-s--in-company/201702060959491022W/ ..


[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].