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

UNCOOKED ALERT: Gold Fields said to ... - Part 3

Thursday, 8 April 2021, 1:21 pm

Well it didn't take long for rivals at Reuters to follow up on little old Betaville's report on Gold Fields and AngloGold Ashanti.

Hacks at the reputed news agency pretty much suggested exactly the same as the contents of the UNCOOKED Alert: Gold Fields said to ... - Part 2.

Below is the link to my piece on Betaville Intelligence from yesterday afternoon and the Reuters piece that came out a few hours after...

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Betaville Intelligence

RARE ALERT: KPN said to ... - Part 9

Wednesday, 7 April 2021, 9:43 pm

It would appear hacks at the venerable Wall Street Journal have finanlly decided to follow up little old Betaville's RARE Alerts on KPN, the Dutch telecoms giant.

The American financial newspaper is reporting the Wallenberg's EQT has teamed up with US-based Stonepeak Partners to mount a joint bid for KPN valuing it at over EURO 15 billion. Below is a link to the WSJ's "scoop":..

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Tags: KPN

Will Deliveroo deliver? - Part 3

Thursday, 1 April 2021, 7:52 pm

Splashed across the front page of the main book of the Evening Standard yesterday was the headline: "DELIVEROO FLOAT FAILS TO DELIVER".

Did, though, the float really fail deliver?

Well, for the investors that bought in at the IPO it probably appears that way on day one as the stock plunged by 30pc in intra-day trading...

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Bears circle HSBC

Wednesday, 31 March 2021, 10:55 pm

There is talk in the market of a bear story brewing in HSBC.

Quite what the details are of the story remain to be seen. In fact, so far Betaville has failed to unearth any details or real facts despite trying from the confines of my office (also known as my flat).

Some banks, such as Credit Suisse, that had exposure to Bill Hwang's hedge fund Archegos have seen their share prices hit following losses, so perhaps this bear story is connected to that?..

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The Conduit Club is poised to re-open this summer...

Tuesday, 30 March 2021, 11:08 am

Betaville hears The Conduit Club is set to re-open this summer.

Dubbed London's "wokest" private members club (Paul Polman, the former chief executive of FTSE 100-listed Unilever is said to be a member as is Carrie Symonds, Boris Johnson's partner) The Conduit Club shut when London-listed Metro Bank forced the £2650.00 a year invite only organisation into closure last October over an unpaid debt...

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Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 30

Monday, 29 March 2021, 2:38 pm

With Telit Communications back in play the spotlight is on some of the big investors that could seal the company's fate.

One investor that will likely have a role is Davide Serra, the Italian hedge fund manager who runs Algebris.

Serra has held a personal stake (i.e. a shareholding in his own name rather than through his fund) in Telit for quite some time. Indeed, in 2018 he disclosed via RNS he controlled 7pc of the company...

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Something for the weekend: big blocks of tech stocks on the block - Part 2

Sunday, 28 March 2021, 5:59 pm

There is an interesting juxtaposition of two big market tales that involve Goldman Sachs this weekend.

The powerful investment bank and broker is selling a lot of stock in some of the world's biggest technology media companies for, it would appear, Bill Hwang's Archegos Capital as part of some forced develeraging. Hacks at Bloomberg have the latest on that tale. Below is the link:..

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Something for the weekend: big blocks of tech stocks on the block...

Saturday, 27 March 2021, 9:53 am

Investors were scratching their heads on yesterday afternoon after Goldman Sachs and Morgan Stanley started to offer extremely large tranches of shares in some of the biggest technology and media companies in the world to anybody who was interested at a big discount.

The move sent some big name tech and media shares tumbling in late afternoon trade, with Discovery Communications collapsing 27pc and Viacom tumbling 25.6pc. Below is a link to Reuters story on the move:..

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Will Deliveroo deliver? - Part 2

Friday, 26 March 2021, 11:34 am

So, Betaville counts four top fund managers that have now publicly said they are shunning the £8.8 billion Deliveroo float since the publication of last Sunday's piece in the Mail on Sunday by yours truly and Emma Dunkley. Below is a link to that piece in case you don't recall:..

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Tags: Deliveroo

Will Deliveroo deliver?

Wednesday, 24 March 2021, 9:56 am

Betaville notes David Cumming, who manages billions of pounds for investors at Aviva, has just told Dominic O'Connell (another of Betaville's former boss from our on The Sunday Times) of BBC Radio 4 that he won't be investing in Deliveroo as part of its £8.8 billion flotation...

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Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 28

Friday, 19 March 2021, 1:31 pm

Telit Communications faces a shareholder backlash over Dbay's latest attempt to take the company private.

People following the situation said large shareholders in the Aim-listed 'internet things of designer' are furious about how talks with Dbay have transpired.

Yesterday, it emerged that Telit's board has given Dbay Advisors the opportunity to carry out due diligence on the business without indicating what price it would be prepared to recommend an offer...

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Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 27

Thursday, 18 March 2021, 9:42 am

There were a couple of deals anounced this morning in the UK, including National Grid's £14 billion takeover of Western Power from America's PPL Corporation. Below is the link to this morning's announcement:

https://www.investegate.co.uk/national-grid-plc--ng.-/rns/proposed-wpd-acquisition---portfolio-repositioning/202103180700066406S/..

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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].