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 benharringtonw11@gmail.com.

Murdoch in first major UK M&A deal post Brexit with £220 million talkSport buy; Sky next? - part 2

Saturday, 10 December 2016, 1:26 pm

There were plenty of hacks, commentators and analysts yesterday claiming to have been the first to predict how Rupert Murdoch would return with a second attempt to purchase Sky.

So, while we're at it, I would like to remind readers that I wrote this piece (see below) just after the result of the Brexit referendum and News Corp's £220 million acquisition of TalkSport...

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Nutmegged on Ladbrokes Coral and GVC £4.2 billion merger talks

Friday, 9 December 2016, 6:37 pm

It's always rather frustrating when you spent of a lot of time and effort trying to stack up a scoop and then a well-resourced rival publication pips you at the post. And that's what happened this afternoon when the chaps at the Financial Times and FT Alphaville ran their stories about Ladbrokes Coral and GVC weighing a £4.2 billion merger.

Here are links to Bryce Elder's market report and also the FT's follow up news report by Paul McLean and Bryce:..

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0 comments | Tags: betaville, Ladbrokes, GVC

Stada said to be working with Goldman Sachs on "strategic options"; predators circle - sources

Thursday, 8 December 2016, 5:32 pm

German drug company Stada Arzneimittel has begun working with financial advisers to weigh the group's "strategic options".

According to two sources familiar with the matter, generic drug group Stada is said to be working with bankers from Goldman Sachs after receiving informal expressions of interest from potential acquirers...

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Revealed: secret name of consortium preparing £12 billion bid for National Grid distribution business - sources - part 2

Thursday, 8 December 2016, 8:15 am

So, coming up with a silly name to differentiate your consortium from the other Chinese bidders clearly does work. This morning it was announced the mega consortium, which called itself (in secret) the "Saxon Infrastructure Distribution Company", has won the £13 billion National Grid gas distribution auction...

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Upmarket caterer Rhubarb close to £100 million sale; Bregal Freshstream and Graphite Capital said to be some of the buy-out firms participating in second round - part 2

Tuesday, 6 December 2016, 7:23 pm

The Rhubarb deal I wrote a few weeks ago has been announced (see below) - although reportedly at a slightly lower valuation than I expected (Dom Walsh at The Times today reported at around £75 million).

http://www.ecipartners.com/news-and-insights/news/2016/rhubarb-exit..

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0 comments | Tags: betaville, Rhubarb

Hat tip

Friday, 2 December 2016, 6:13 pm

Apologies if this a bit late in the day but I think its worthwhile flagging up a rather good scoop written by one of my old colleagues from my time at The Daily Telegraph.

Katherine Griffiths, now Banking Editor at The Times, landed the splash in this morning with her exclusive tale about how the regulators are looking to find a buyer for Manchester Building Society, reminding the world of the British building society crises in 2008/9...

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RARE ALERT: Walt Disney Co said to have rekindled interest in buying Twitter; price agreed - part 3

Thursday, 1 December 2016, 4:48 pm

It would appear some people in the echo chamber on the other side of the pond don't "get" Betaville. This is particularly evident with aspects of my recent Twitter stories, which are being mis-represented on Twitter (I realise there are many ironies here). Either that or there are some scallywags trying to deliberately mis-quote Betaville in markets for their own ends...

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3 comments | Tags: betaville, Walt Disney, Twitter

RARE ALERT: Walt Disney Co said to have rekindled interest in buying Twitter; price agreed - part 2

Thursday, 1 December 2016, 8:15 am

Little old Betaville's has had a lot of enquiries from readers about where the Twitter auction has got to since I wrote about it a month ago in a RARE ALERT. And this week's news that Twitter will stream Disney's Stars Wars content has really got readers scratching their heads about the sale process. Here is a link to the announcement:..

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0 comments | Tags: betaville, Walt Disney, Twitter

[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].