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: Pernod Ricard said to ...

Thursday, 4 February 2021, 10:50 pm

Speculation is mounting that Pernod Ricard, the France-listed drinks giant, is the European company circling Treasury Wine Estates.

People following the situation have heard rumours Pernod Ricard is working with advisers from Morgan Stanley on a potential acquisition of the Australia-listed wine distributor.

A large private equity firm is also said be interested in Treasury Wine Estates, said people following the situation...

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Betaville Intelligence

UNCOOKED ALERT: Signature Aviation said to ... - Part 7

Thursday, 4 February 2021, 8:21 pm

Betaville was casting around for stories today and stumbled around a curious line around the three-way battle for Signature Aviation, the London-listed private jet operator.

It would appear, according to publicly available financing documents, that Global Infrastructure Partners, one of the firms interested in buying Signature Aviation, is offering to finance its bid in, er, equity. Yes, you heard that right - equity to the tune of $4.6 billion...

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Betaville Intelligence

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

Monday, 1 February 2021, 2:39 pm

Groupe BPCE is rumoured to be working with heavyweight American advisers on the potential Natixis deal.

People following the situation have heard speculation JP Morgan has been advising privately-owned Groupe BPCE on strategic options, which include buying out the remainder of Natixis that it doesn't own...

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Tags: Natixis
Betaville Intelligence

UNCOOKED ALERT: Marston's said to ... - Part 3

Friday, 29 January 2021, 10:35 am

I see rivals at Bloomberg have finally woken up to the Marston's bid rumour and published a piece about interest from private equity firms such Platinum.

Now, this news won't come as a surprise to readers of this website as Betaville Intelligence first revealed the bid speculation surrounding Marston's in an UNCOOKED Alert and a follow up a few weeks ago. Below are the links:..

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Betaville Intelligence

UNCOOKED ALERT: Signature Aviation said to ... - Part 6

Thursday, 28 January 2021, 5:26 pm

Word is Simon "Dingo" Dingemans is leading Carlyle's potential bid for Signature Aviation.

Now, younger readers might not recall who Dingemans is. Back in the boom boom of the noughties Dingemans was one of the top dealmakers at Goldman Sachs, advising on the some the biggest takeover deals, such as the £12bn takeover of Alliance Boots by KKR in 2007 and Vodafone's hostile £115bn acquisition of Mannesmann in 2000...

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G4S, the bid battle and the potential auction... - Part 2

Thursday, 28 January 2021, 1:06 pm

It would appear this morning's missive has stirred the pot somewhat, eliciting howls from sound corners of the London market.

To be clear, this morning's report wasn't suggesting there WILL BE a Takeover Panel led auction this weekend; just that is talk there is one coming down the track as there are moves afoot by advisers (don't forget, this could all be tactical to get one side to jump first)...

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G4S, the bid battle and the potential auction...

Thursday, 28 January 2021, 10:00 am

There is speculation circulating the London market that the Takeover Panel and the various advisers working on the G4S bid battle may be preparing for a unusual weekend auction process.

That's because both Canada-based Garda World and America's Allied Universal have extended their respective offers after a very limited of amount of investors have accepted their respective bids...

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The next "bull attack"... - Part 2

Wednesday, 27 January 2021, 9:01 am

Shares in Pearson, the educational publisher, are up about 10pc this morning after rising as high as 15pc at one point.

Now what is behind this morning's huge gains? Well, nobody quite knows but, according to ShortTracker.co.uk, the company is one of the most heavily shorted stocks in the London market with 8.7pc of its stock on loan to short sellers...

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Tags: Pearson
Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 21

Tuesday, 26 January 2021, 5:41 pm

If you were wondering why shares in Telit Communications, the Aim-listed 'internet of things' designer, have been so strong since it called of deal talks with Swiss rival U-blox look no further than Dbay, the activist firm led by renowned investor Colin Kingsnorth.

Dbday, which offered 190p for the business in December, just announced it has bought another 3pc of Telit Communications, taking its shareholding up to 21.20pc. Below is the link:..

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The next "bull attack"...

Tuesday, 26 January 2021, 1:28 pm

Is Koss Corporation next on the list for a "bull attack"?

GameStop, the video game retailer, and then Blackberry, the handheld device maker, have seen huge share price gains in recent days as groups of retail punters gang up on short sellers by coming together on Wallstreetbets/ Reddit to hoover up call options, creating massive short squeezes.

Now the talk is Koss Corporation, a US-listed designer of headphones, is being targeted...

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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].