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.

Mike Ashley said to be in talks to buy Hugo Boss, according to Manager Magazin

Friday, 21 May 2021, 11:40 am

Hugo Boss shares are up over 5pc this morning following a report from a German magazine that Mike Ashley is weighing a takeover bid to buy the fashion brand outright.

Wily Ashley, the controversial billionaire owner of Newcastle United Football Club, has been building a stake in Hugo Boss for sometime but now the monthly Manager Magazin is claiming he is "in talks" to buy the whole business for over EURO 3.2 billion. Below is a link to the piece:..

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Betaville Intelligence

UNCOOKED ALERT: Stride, Inc said to ... - Part 3

Wednesday, 19 May 2021, 5:58 pm

There was a frisson of excitement around Stride, Inc yesterday after rivals at StreetInsider suggested Pearson, the FTSE 100-listed education publisher, is interested in acquiring the US-based group.

However, flaks at Pearson were quick too pour cold water on the StreetInsider tale, denying it to rival American wesbite Seeking Alpha...

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Betaville Intelligence

RARE ALERT: The Hut Group said to ...

Monday, 10 May 2021, 12:43 pm

The Hut Group, the London-listed e-commerce retail giant, is rumoured to be working on a deal that could see the company raise up to £500 million of fresh funds.

People following the situation suggested the £500 million deal may be immiment although it's not clear what type of transaction is being contemplated by The Hut Group.

It's also not clear what the funds will be used for, said people following the situation...

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Woodward said to be eyeing London-listed Meggitt, according to Dealreporter

Friday, 7 May 2021, 5:25 pm

Arch rivals at Dealreporter (where Betaville's illustrious career in financial journalism began) revealed this morning that Woodward, the US-listed designer of controls for the aerospace industry, is looking at London-listed Meggitt, the jet parts manufacturer for the defence companies.

That tale sent Meggitt's shares skyrocketing almost 14pc but there was no announcement from either party confirming any talks or even weighing of an offer...

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Amigo, Amigo ... - Part 2

Thursday, 6 May 2021, 6:58 pm

The stakebuilding shenanigans at Amigo Loans continues.

Today, Bybrook Capital - which describes itself as an 'absolute value credit fund manager' - announced it has increased its stake in the controversial subprime lender to 9.1pc while last week JP Morgan said it controls 8.3pc.

Some market scallywags reckon JP Morgan is fronting a stakebuilding for another outfit, possibly even Bybrook...

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Tags: Amigo

[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].