UNCOOKED ALERT: FireEye Inc said to .....
Friday, 8 November 2019, 6:15 pm
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.
UNCOOKED ALERT: Hurricane Energy said to ...
Friday, 8 November 2019, 9:44 am
Hurricane Energy, the London-listed oil explorer, is said to have struck a huge amount of oil at its Warwick West well in the North Sea.
People following the situation said this was a "large" discovery following September's announcement about the spudding of Wawick West...
Tags: Hurricane Energy
The millionaire, the row and the private jet company for celebrities...
Thursday, 7 November 2019, 8:32 pm
A good old fashioned dogfight is brewing in the skies above London’s junior stockmarket.
The legal battle between Gama Aviation - an AIM-listed private jet supplier to celebs, such as Lewis Hamilton before he ditched the mode of transport - and one of its customers, millionaire Andre Serruys, centres on allegations of false invoicing, dodgy deals for private jet parts and a failure to maintain Serruys’ plane, a Challenger 601 private jet...
RARE ALERT: Alba Mineral Resources said to be working on an equity placing - sources
Wednesday, 6 November 2019, 6:22 am
Alba Mineral Resources, the Aim-listed mineral exploration and development company, is said be working on an equity placing.
People familiar with the situation said advisers from First Equity are working on the fundraising for Alba Mineral Resources, which has a stake in the so-called "Gatwick Gusher", the oil exploration project just a few miles away from the airport...
Tchenguiz buys 9pc of Urban Exposure PLC - Part 2
Tuesday, 5 November 2019, 7:17 pm
It's getting frothy out there.
First off: it emerges Stefano Pessina is exploring a $70 billion plus leveaged buy-out of Walgreens Boots Alliance. The last time Italian took a company private was just before the credit crunch in 2007 when he acquired Alliance Boots for £11 billion with the backing of KKR, Wall Street's most powerful private equity firm...
RARE ALERT: Capital & Counties said to ... part 11
Tuesday, 5 November 2019, 2:25 pm
So, it would appear Saudi Arabia's Public Investment Fund isn't involved in Nick Candy's £2.3 billion takeover bid for Capital & Counties after all.
According to some sources familiar with the matter, the Saudi Arabian ambassador to the United Kingdom has just written to the residents of Gibbs Green and West Kensington to let them know that "I have been informed there is no involvment from the Saudi Public Investment Fund"...
UNCOOKED ALERT: Walgreens Boots Alliance said to ...
Monday, 4 November 2019, 7:04 pm
RARE ALERT: Capital & Counties said to ... part 10
Monday, 4 November 2019, 6:00 pm
Is Nick Candy planning to turn the former exhibition centre at Earls Court into a new stadium for Chelsea Football Club?
The reason I posit this question is because reliable sources have been in touch with Betaville claiming the well-known developer was looking at such a plan several years ago when he first started examining a takeover bid of Capital & Counties...
Tags: Capital & Counties, Chelsea FC
UNCOOKED ALERT: Umicore said to .....
Monday, 4 November 2019, 9:46 am
English (and Co) on fire, again... - Part 2
Friday, 1 November 2019, 5:10 pm
Hat tip to Simon English of the Evening Standard's City section.
English, one of Betaville's favourite business writers, nosed off the market report with a cracking jackanory about Lloyds Bank looking at beleguered Metro Bank and the shares leapt almost 15pc in response. Below is a link to Simon's market report:..
Ratcliffe sniffed around Independent Oil & Gas's debt - sources
Thursday, 31 October 2019, 5:28 pm
Sir Jim Ratcliffe has been sniffing around Independent Oil & Gas's debt.
People familiar with the situation said Ineos, Sir Jim's chemicals company, bid on Independent Oil and Gas's bonds before the North Sea oil explorer decided to repay some of the non-convertible debt held by failed outfit London Oil and Gas, which is associated with controversial City firm London Capital & Finance...
RARE ALERT: Acadia Healthcare said to ... - Part 8..
Thursday, 31 October 2019, 4:43 pm
UNCOOKED ALERT: Microsoft said to ... - Part 2
Wednesday, 30 October 2019, 10:37 pm
There was plenty of backslapping taking early place early this week by hacks at Reuters for the media organisation's "scoop" about Alphabet, owner of Google, bidding for Fitbit, the weareable device maker. Below is a link to the "scoop" by Reuters...
Fiat Chrysler in $50 merger talks with Peugeot, according to WSJ
Tuesday, 29 October 2019, 8:14 pm
Hat tip to hacks at the Wall Street Journal for landing this rather cracking scoop about Fiat Chrysler and Peugeot holding merger talks. Below is the link:
https://www.wsj.com/articles/fiat-chrysler-peugeot-owner-psa-in-talks-to-combine-11572373519..
UNCOOKED ALERT: Ingenico said to .....
Monday, 28 October 2019, 3:30 pm
Metro Bank calls the ... Police!
Friday, 25 October 2019, 11:04 am
Betaville always enjoys catching up with old colleagues as there is nothing like hack camaraderie down the pub.
Aside from the top banter Betaville did also glean some decent advice from fellow journos about how to run a story that involves a random punter making some pretty defamatory allegations on a video clip about Metro Bank, which has had a few issues lately...
Tags: Metro Bank
UNCOOKED ALERT: Microsoft said to ...
Thursday, 24 October 2019, 4:31 pm
Microsoft and Alphabet have both been tipped as potential acquirers of wearable device maker Fitbit amid talk it has appointed an adviser to run a strategic review.
People following the situation said they had heard rumours Alphabet, the owner of Google, and Microsoft are both in the running to buy Fitbit...
Tags: Microsoft
UNCOOKED ALERT: Vesuvius said to .....
Thursday, 24 October 2019, 9:24 am
RARE ALERT: Capital & Counties said to ... - Part 9
Wednesday, 23 October 2019, 9:45 pm
Well, that didn't take long...
BREAKING: Just Eat receives £5 billion counter offer from Naspers-backed Prosus
Tuesday, 22 October 2019, 9:11 am
Who said the London M&A market was in the doldrums?
This morning Prosus has just launched a hostile counter bid for online food delivery company Just Eat, valuing the company at 710p a share in cash. Below is a link to the RNS announcement:
[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].