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.

Saturday review: Opiant Pharmaceuticals, Johnson Matthey and HSBC

Saturday, 30 April 2022, 10:20 am

There were plenty of bits and pieces going on yesterday afternoon that little old Betaville wasn't able to get on top of as I was rather busy, so I thought I would chew over them today in the Saturday review.

One story that was brought to my attention was the bizarre goings on at Opiant Pharmaceuticals, a US-listed firm that makes medicines for the treatment of addictions...

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Chelsea FC on the block; Abramovich said to be seeking £3 billion, according to reports - Part 13

Friday, 29 April 2022, 2:59 pm

Matt Dickinson, a top sports writer on The Times, has landed a sensational and rare on the record scoop about a last minute bid for Chelsea FC from Sir Jim Ratcliffe, the chemical tycoon who founded Ineos.

According to Matt's piece, Sir Jim made a late bid of more than £4 billion to buy Chelsea, with the British billionaire sending the bid today to the merchant bank which is conducting the sale process...

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Temenos said to have received fresh takeover approach from Thoma Bravo, reveals Bloomberg

Wednesday, 27 April 2022, 10:01 pm

Deal hacks at Bloomberg are back on it, pumping out M&A scoops galore over the last few weeks.

The latest tale from the arch rivals at the financial behemoth is about longstanding takeover target Temenos, the Switzerland-listed banking software company.

According to Bloomie, Thoma Bravo has rekindled its interest in Temenos and "expressed an interest" in buying the company via talks...

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Elon Musk may launch Twitter bid, claim reports - Part 3

Wednesday, 27 April 2022, 7:27 pm

That was quick!

Elon Musk has agreed a deal with Twitter's board to purchase the microblogging site for $44 billion.

Now, the financial media commentariat's focussing (mainly on Twitter, ironically) on what the maverick billionaire plans to with the site, with many concerned about the negative impact.

Strange, though, that the idea of a counterbid to Musk's offer appears to have completely dissapeared from the general discourse.....

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Betaville Intelligence

UNCOOKED ALERT: Silicon Motion Technology Corporation said to ... - Part 2

Tuesday, 26 April 2022, 8:03 am

It would appear arch rivals at Bloomberg have followed up another Betaville Intelligence alert.

Yesterday, Bloomie reported Silicon Motion Technology Corporation, the US-listed semi conductor group, has appointed advisers to carry out a sale after receiving approaches from potential acquirers. Below is the link:..

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easyJet should merge with Wizz Air, argues Davy

Monday, 25 April 2022, 8:40 am

It's been over six months since Wizz Air abandoned its takeover bid for rival budget airline easyJet, so I guess it isn't a surprise that brokers are pushing the idea again.

According to scribblers over at Davy, an easyJet - Wizz Air merger should be "revisited". That's an interesting opinion!

Anyway, I have pasted the main thrust of the analyst at Davy's argument below in case you are interested:..

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Blackstone and KKR said to eye Ubisoft Entertainment, reveals Bloomberg

Monday, 25 April 2022, 8:19 am

Betaville is rather grumpy this morning.

That's because arch rivals at Bloomberg scooped little old Betaville on a story I was chasing late last week.

The tale was about French video games publisher Ubisoft Entertainment, which is attracting takeover interest from a variety of buyers.

According to hacks at Bloomberg US buy-out giants Blackstone and KRR are two of the big private equity funds circling Ubisoft...

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Betaville Intelligence

UNCOOKED ALERT: THG said to ... - Part 13

Friday, 22 April 2022, 4:01 pm

A fourth US-based private equity firm is circling THG, the e-commerce company.

People following the situation have heard Carlyle has been studying THG, which is led by Matt Moulding, with a view to making an offer for the business.

Carlyle is rumoured to be working with advisers from Bank of America on the potential deal, said these people following the situation.

However, it's not clear whether Carlyle has made a formal approach for THG...

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Tags: THG Group

Bain Capital said to be circling Solutions 30 with takeover bid, reveals Bloomberg

Thursday, 21 April 2022, 10:29 pm

Bain Capital, the private equity firm founded by former presidential candidate Mitt Romney, is "weighing a deal" for Solutions 30.

Well, that's according to Bloomberg hacks, who this evening revealed that the buy-out firm has been speaking with advisers about the potential investment in the embatted European technology services company, which been targeted by some the short seller types amid some very fruity allegations...

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Betaville Intelligence

UNCOOKED ALERT: RWS Holdings said to ... - Part 2

Thursday, 21 April 2022, 10:17 pm

Another day, another confirmation for little old Betaville's UNCOOKED Alerts.

This time Baring Private Equity Asia has confirmed it is considering a takeover offer for RWS Holdings, the London-listed content management and intellectual property services provider. Below is the link to the confirmation and the original UNCOOKED alert by yours truly:..

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Betaville Intelligence

UNCOOKED ALERT: THG said to ... - Part 12

Thursday, 21 April 2022, 7:52 am

Several weeks ago Betaville and some rivals reported that THG, the controversial London-listed company formerly known as The Hut Group, has received takeover interest from several private equity firms, including Advent International and Leonard Green.

That was met by silence on all sides, giving the usual Betaville sceptics an opportunity to sling mud...

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Tags: THG Group
Betaville Intelligence

UNCOOKED ALERT: Just Eat Takeaway said to ... - Part 2

Wednesday, 20 April 2022, 8:18 am

Just Eat Takeaway has this morning announced it is looking at a full or partial sale of Grubhub.

In case you don't recall Just Eat Takeaway bought the US-based online food delivery two years ago for £5.75 billion, which is almost the same amount as the London-listed company's market capitalisation. Below is the link to this morning's annoucement about the sale alongside a trading update:..

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Betaville Intelligence

UNCOOKED ALERT: Affirm Holdings Inc said to ... - Part 2

Tuesday, 19 April 2022, 11:33 am

Gordon Haskett was yesterday piggybacking of little old Betaville's hard work.

Don Bilson at the "research advisor" set off a round of speculation about Goldman Sachs taking an interest in Affirm Holdings Inc, the US-listed lender, after publishing a note pointing out that David Vinlar is stepping down from the Block board "due to increasing potential for competitive overlap with other boards"...

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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].