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.

About that WSJ "exclusive" on the Kansas City Southern takeover bid...

Friday, 31 July 2020, 10:54 pm

I see The Wall Street Journal has just "broken" an "exclusive" story about Global Insfrastructure Partners and Blackstone attempting to purchase Kansas City Southern, the US-listed railroad transportation operator. Below is the link:

https://www.wsj.com/articles/private-equity-firms-discuss-bid-for-kansas-city-southern-11596223106..

Read more...

Betaville Intelligence

UNCOOKED ALERT: AA plc said to ...

Friday, 31 July 2020, 3:32 pm

AA plc, the London-listed roadside recovery company, has come under the spotlight amid takeover talk.

People following the situation said a potential acquirer is circling AA and may have already expressed an interest in the business.

Readers should be aware that the AA is a highly leveraged company with a very small capitalisation...

Read more...

Tags: AA
Betaville Intelligence

UNCOOKED ALERT: BT Group said to... - Part 2

Tuesday, 28 July 2020, 2:43 pm

The mystery bidder circling BT Group's £20 billion Openreach division is rumoured to be working with investment banking advisers from JP Morgan on a potential approach.

Last week Betaville Intelligence revealed the FTSE 100-listed telecoms company is said to have drawn serious takeover interest in its Openreach division from a new suitor...

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Tags: BT Group

Hong Kong tycoon builds near 4pc stake in controversial Telit Communications

Monday, 27 July 2020, 6:15 pm

The curious goings on at Telit Communications continue unabated.

Betaville hadn't noticed that after Dbay suddenly turned up on the shareholder register with almost 10pc that super secretive Hong Kong-based tycoon Tang Hao had also recently been amassing a 3.4pc shareholding in the 'internet of things' provider through his vehicle Discovery Key Investments...

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The City diarist, the top London estate agent and the glass box... - Part 2

Thursday, 23 July 2020, 11:56 am

Old Trevor Abrahmsohn really is getting himself out there.

Today the self-styled "estate agent to the rick and famous" appears in this The Times piece about his escapades selling North London piles to Russian oligarchs. Below is the link:

https://www.thetimes.co.uk/article/inside-the-russian-oligarchs-london-property-splurge-r7bcw7l7z..

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Lenigas PLC

Thursday, 23 July 2020, 9:00 am

David Lenigas is back with a new venture: Lenigas PLC.

It looks like the brash serial small cap entrepreneur is launching a quasi hedge fund that plans to plough cash into resources stocks in a similar vein to the old RAB Capital. Below is a quote from Lenigas's Twitter feed...

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Stobart bidder emerges with near 10pc stake in controversial Telit Communications

Monday, 20 July 2020, 7:45 am

For a small company internet-of-things provider Telit Communications certainly gets a lot of attention.

I guess that's to be expected if your former chief executive turns out to be a fugitive on the run from the US authorities and then an unknown Chinese outfit builds a near 16pc shareholding in your business, raising speculation the company is a takeover target for the stakebuilder...

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[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].