A cheeky website about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. If you have a tip, want to discuss a story or have a subscription enquiry please feel free to email Betaville at [email protected]. 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 IntelligenceSunday, 19 May 2024, 3:59 pm
I see Keywords Studios has decided to confirm little old Betaville's UNCOOKED Alert published on Friday evening.
This afternoon the video games services company said it has received a £2.2 billion takeover approach from EQT.
If EQT does complete the deal it would be the third multi-billion takeover deal the Scandinavian private equity house has done within the space of a month...
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Exclusive to Betaville Intelligence subscribersFriday, 17 May 2024, 8:12 pm
Exclusive to Betaville Intelligence subscribersThursday, 16 May 2024, 8:47 pm
Tuesday, 14 May 2024, 8:28 pm
This interview with Boaz Weinstein, the hedge fund manager who made almost 100pc during the March 2020 global stock market sell off, is worth a watch if you have a spare twenty minutes.
Below is a link to the interview:
https://www.youtube.com/watch?v=MET90PmKlfI
Weinstein is an ex Deutsche Bank trader and founder of Saba Capital Management, his New York-based hedge fund...
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Tuesday, 14 May 2024, 10:51 am
The private equity bids are now coming thick and fast.
American private equity house KKR has just announced a deal to buy London-listed geospatial software company IQGeo for 480p a share or around £333 million. Below is a link to the press release:
https://www.londonstockexchange.com/news-article/market-news/recommended-cash-acquisition/16469319..
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Monday, 13 May 2024, 1:00 pm
EQT isn't the only big private equity firm getting stuck into the public equity markets today.
Permira - which is based in London, the United Kingdom - has just announced a deal to buy US-listed website developer Squarespace for $44 a share (or around $6.9 billion) in cash with the company's senior management. Below is a link to the deal details:..
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Monday, 13 May 2024, 9:15 am
EQT appears to be one of the more active private equity firms at the moment.
Last week the private house, which is backed by the Sweden's Wallenberg family, bought US-listed digital consultancy Perficient for $3 billion...
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Exclusive to Betaville Intelligence subscribersThursday, 9 May 2024, 2:59 pm
Betaville IntelligenceThursday, 9 May 2024, 1:38 pm
Little old Betaville has been getting in the neck over the last couple of weeks about the RARE Alert this website published a couple of weeks ago HubSpot Inc, the US-listed marketing software group. Below is a link to that story:
https://www.betaville.co.uk/betaville-intelligence/ratpq7aw/..
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Thursday, 9 May 2024, 9:12 am
Mark "The Kleinmanator" Kleinman of Sky News appears to be the only British hack interested in following up little old Betaville's series of UNCOOKED Alerts about the takeover rumours surrounding London-listed estate agent Foxtons.
This morning Kleiny writes in City AM:..
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Betaville IntelligenceThursday, 9 May 2024, 6:53 am
After threatening to launch a hostile takeover for Banco de Sabadell via the Spanish media a week ago, BBVA, Spain's second largest bank, has actually now launched a hostile offer for its smaller rival.
BBVA has formally filed an all share offer in a voluntary tender that has similar terms to its previous bid for Banco de Sabadell. Below is a link to the Bloomberg report on the filing:..
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Wednesday, 8 May 2024, 12:24 pm
I see arch rivals at Bloomberg have got to the bottom of the John Wood Group takeover story little old Betaville has been chasing over the last few months.
According to Bloomie, privately-owned Dubai firm Sidara is considering an acquisition of John Wood Group, which has come under pressure from its shareholders in recent months. Below is a link to the Bloomie scoop:..
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Wednesday, 8 May 2024, 6:45 am
With so much (attempted) dealmaking taking place at the moment the Daily Mail's business section has decided this morning to wheel out a list of ten London-listed companies it believes could be vulnerable to a 'foreign predator'.
Now, when reading through the list of Daily Mail takeover targets it struck me that there were a few companies that have already appeared in these pixels before...
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Tuesday, 7 May 2024, 4:21 pm
Rivals at Reuters have just dug out a huge deal scoop that may have a big impact on the takeover of London-listed DS Smith.
According to Reuters, Brazilian paper and packaging giant Suzano, is poised to submit a $15 billion cash offer for US-listed group International Paper. Below is a link to the Reuters scoop:..
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Monday, 6 May 2024, 2:22 pm
It's turning out to be a merger Monday in the US.
Global Infrastructure Partners and the Canada Pension Plan have struck a deal to buy US-listed energy provider Allete for $6.2 billion, or $67 a share, in cash.
Below is a link to the press release in case you missed it:..
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Monday, 6 May 2024, 11:29 am
It may be a bank holiday today in the United Kingdom but that doesn't stop dealmaking taking place elsewhere around the world.
Indeed, Scandinavian private equity house EQT announced late yesterday the $3 billion takeover of Perficient, the US-listed technology consultancy company...
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Exclusive to Betaville Intelligence subscribersThursday, 2 May 2024, 8:42 pm
Thursday, 2 May 2024, 8:33 pm
Reuters have gone early with the Anglo American counter bid story, suggesting Glencore is 'studying' the possiblity of submitting a rival approach for Anglo American.
The Reuters story follows some well timed comment piece by little old Betaville's chum Oliver "Shahsy" Shah of The Sunday Times, who suggested Glencore was the most lilely counter bidder
Below is a link to the Reuters piece:..
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Betaville IntelligenceThursday, 2 May 2024, 8:19 pm
I see arch rivals at Bloomberg have finally decided to follow up little old Betaville's UNCOOKED and RARE alerts about the recent takeover rumours surrounding US-listed Atlantica Sustainable Infrastructure, the owner of renewable power assets...
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Thursday, 2 May 2024, 7:19 pm
Hacks at the Wall Street Journal have just landed a decent scoop about the long running Paramount Global sale talks.
According to the WSJ, Sony Pictures and Apollo, the private equity giant, have submitted an all cash $26 billion offer for Paramount, the US-listed media and entertainment conglomerate, just as the its exlusive negotiations with Skydance conclude...
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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].