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.

Dealmaking, Brexit and the Rugby World Cup...

Wednesday, 25 September 2019, 9:44 pm

Typically, autumn is when the City of London roars back into life as corporates, bankers and investors look to roll out flotations, fundraisings, mergers and takeover battles (think back to the Sky auction last year as a good example).

But it is unusually quiet in the London market. Bankers are blaming the uncertainty caused by the histrionics of parliamentarians around the Brexit deadline of October 31st...

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Why is Moelis & Co the sole adviser to the Hong Kong exchange on its £32 billion bid for the LSE? - Part 3

Monday, 23 September 2019, 4:08 pm

This piece - https://www.telegraph.co.uk/business/2019/09/21/hong-kong-enlists-help-banking-heavyweights-win-london-stock/ - in the Sunday Telegraph's business section about Hong Kong Exchange and Clearing hiring HSBC to bolster to its bid for the London Stock Exchange caught Betaville's eye...

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Betaville Intelligence

RARE ALERT: Capital & Counties said to ... - Part 6

Friday, 20 September 2019, 2:14 pm

Capital & Counties, the UK-listed property company, has taken three companies interested in acquiring its Earls Court scheme into a final bidding round but predators interested in purchasing the whole company are starting to circle the business again.

Capital & Counties is in the process of demerging its assets in Covent Garden, London from the redevelopment scheme in Earls Court, London, into two separately listed businesses...

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Thomas Cook on the brink (of collapse), according to the Daily Mail

Friday, 20 September 2019, 9:17 am

Betaville doesn't enjoy seeing any company collapse into administration but I note the fact that the Daily Mail and others are now reporting that Thomas Cook is on the verge of going under. Below is a link to the Daily Mail piece (which was splashed across the front page of the main book but I think was a follow from the Kleinmanator of Sky News)...

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Betaville Intelligence

WELL-DONE ALERT: FirstGroup said to ...

Thursday, 19 September 2019, 5:27 pm

Robert Tchenguiz, the British property entrepreneur and activist investor, is said to be increasing his stake in FirstGroup, the FTSE 250-listed bus and rail company, to over 4pc.

People familiar with the situation said Tchenguiz, who previously declared he owned 3.2pc of FirstGroup, now owns just over 4.2pc of the bus and rail company, sparking speculation he may ask the company to consider further corporate activity...

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Elevator M&A...

Wednesday, 18 September 2019, 8:27 am

Thank goodness the venerable Financial Times has temporarily lifted its paywall.

It's meant little old Betaville has been able to access a rather interesting piece about the sale of Thyssenkrup's lifts unit, which I have been following with great interest as there have been mutterings about another European lift business being "in play" over the last few weeks...

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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].