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: U-blox Holding AG said to ...

Thursday, 19 November 2020, 2:30 pm

U-blox Holding AG, the Switzerland-listed wireless semiconductor company, is circling Telit Communications with a view to merging with the Aim-listed 'internet of things' designer.

People following the situation have heard rumours U-blox is interested in all-share merger with Telit and may have already approached the Aim-listed company with a proposal about a combination of the two businesses...

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Tags: U-blox
Betaville Intelligence

UNCOOKED ALERT: Codemasters Group Holdings PLC said to ... - Part 3

Thursday, 19 November 2020, 8:08 am

Last night Ubisoft Entertainment issued a EURO 600 million bond.

Why?

Well, it's not entirely clear but one of Betaville's favourite snouts pointed out that in the bond documentation that the French gaming giant said "the net proceeds of the bond will be used for general corporate purposes as well as potential future acquisitions"...

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Peel Hunt on M&A... - Part 2

Friday, 13 November 2020, 9:09 pm

Perhaps I was being a bit of tease by asking readers to get in touch with Peel Hunt about their UK mid-cap takeover tips note.

So, I have listed below the companies Peel Hunt reckons could become bid targets over the coming weeks and months...

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Tags: Peel Hunt

Peel Hunt on M&A...

Friday, 13 November 2020, 9:54 am

Ping! Another email arrives from the well spoken chaps at London-based stockbroker Peel Hunt.

And the firm is very bullish about the prospect of more takeover deals, especially for UK-listed mid cap stocks.

Charles Hall, Peel Hunt's excellent head of research, writes:..

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Tags: Peel Hunt

Cash calls - who is next? - Part 20

Thursday, 12 November 2020, 6:27 pm

Scribblers at Goldman Sachs managed to generate some decent publicity for themselves yesterday by talking up (or is it puffing up) British Airways owner International Consolidated Airlines Group.

As a result, the shares flew (no pun intended) and some market reporters, such as Tom Howard of The Times, led their reports with the broker's bullish predictions about IAG's prospects...

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Cash calls - who is next? - Part 19

Wednesday, 11 November 2020, 7:10 am

Perhaps Betaville was being too optimistic (or, er, pessimistic) by predicting the next wave of cash calls from companies that have already tapped equity investors for capital will take place in early 2021.

In fact, it appears some businesses that have already raised funds from the equity market, such as cruise operator Carnival, are hitting the road again and asking investors for fresh funds...

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Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 14

Monday, 9 November 2020, 12:56 pm

DBay advisors has just upped its stake in Telit Communications.

According to regulatory filings DBday now owns just over 15pc of the 'internet of things' designer.

In case you don't recall, DBay is one of the companies that has submitted a takeover approach for Telit Communications.

One presumes the canny investment manager, led by wily Colin Kingsnorth, suspects his firm is likely to face competition for Telit Communications.....

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Deals deals deals ...in a bear market - Part 9

Monday, 9 November 2020, 7:07 am

The takeover bids are coming in and fast in the London market as predators look to take advantage of ailing rivals, with Connells Group launching a raid on Countrywide.

In case you don't recall, Countrywide was trying to get a "strategic investment" deal done with Alchemy. The private equity firm had offered £90 million for a stake of between 50pc and 67pc in Countrywide...

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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].