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.

Mellon dumps OKYO Pharma... - Part 2

Wednesday, 19 August 2020, 8:31 pm

OKYO Pharma today effectively confirmed the little snippet in last weekend's Mail on Sunday Stockwatch column, which I occasionally edit when Jamie "Nimmers" Nimmo is away on holiday.

Below is a link to today's announcement from OKYO Pharma, which has appointed Dr Napoleone Ferrara, MD, Professor at the University of California San Diego Medical Center to its scientific advisory board...

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PR supremo Freud increases stake to almost 20pc in Reach4entertainment ahead of de-listing...

Tuesday, 18 August 2020, 7:55 am

A loyal reader got in touch yesterday to point out that Matthew Freud has gobbling up shares in Reach4entertainment, the live events communications business that is quietly pursuing a de-listing from the Aim market.

Last week it emerged Freud - the uber spin doctor and former husband of Elizabeth Murdoch - had boosted his shareholding in Reach4entertainment to 18.67pc, according to regulatory filings. Click on the link below:..

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Sunday review on a Monday: Osmond interview in The Sunday Times suggests he eyeing embattled Pizza Express...

Monday, 17 August 2020, 8:22 am

The excellent Sabah Meddings of the The Sunday Times business section carried out an interview with Hugh Osmond this weekend and it made for extremely interesting reading. Below is the link to the piece:

The swashbuckling dealmaker has been running around setting up an acquistion vehicle - Broadstone - so the dealmaking community is watching his every step, especially as Osmond made his first fortune with Luke Johnson from Pizza Express...

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Hot streak...

Thursday, 13 August 2020, 10:26 pm

Another week, another scoop confirmed for Neil "Neily" Craven, Deputy City at the Mail on Sunday.

On Sunday the intrepid retail hack revealed in the Mail on Sunday's business section that New Look was heading for a major restructuring by appointing advisers from Deloitte. Below is the link:..

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Canaccord Genuity's Quest bullish about takeover deals... - Part 2

Tuesday, 11 August 2020, 10:52 am

Ping! An email arrives from the cash flow experts at Quest, a division of broker Canaccord Genuity.

Graham Simpson, an analyst at Quest, believes London-based bankers are trying to stay employed by running around pitching leveraged buy-out ideas to a variety of private equity houses, sovereign wealth funds and dealmakers. No surprises there, I guess...

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Hong Kong tycoon builds near 4pc stake in Telit Communications - Part 2

Monday, 10 August 2020, 10:21 pm

Dbay has quietly increased its stake in Telit Communications, the internet of things provider that has courted its fair amount of controversy and takeover speculation.

According to recent filings, Dbay - run by ex Laxey Partners value investor Colin Kingsnorth - now owns around 11.57pc of Telit, making it one of the largest shareholders alongside the mysterious Chinese group Run Liang. Below is a link to the relevant RNS:..

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Betaville Intelligence

UNCOOKED ALERT: Land Securities Group said to ... - Part 3

Saturday, 8 August 2020, 9:50 am

Tucked away in the back of the venerable Financial Times is a rather interesting column by Bryce Elder about the "disconnect between public and private valuations" of commercial property companies listed in the UK.

Now, if you have been following Betaville Intelligence's alerts about Land Securities Group one might be able to see why Mr Elder's column is relevant! Do click on the link below if you haven't read the excellent piece:..

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About that WSJ "exclusive" on the Kansas City Southern takeover bid...

Friday, 31 July 2020, 10:54 pm

I see The Wall Street Journal has just "broken" an "exclusive" story about Global Insfrastructure Partners and Blackstone attempting to purchase Kansas City Southern, the US-listed railroad transportation operator. Below is the link:

https://www.wsj.com/articles/private-equity-firms-discuss-bid-for-kansas-city-southern-11596223106..

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Betaville Intelligence

UNCOOKED ALERT: AA plc said to ...

Friday, 31 July 2020, 3:32 pm

AA plc, the London-listed roadside recovery company, has come under the spotlight amid takeover talk.

People following the situation said a potential acquirer is circling AA and may have already expressed an interest in the business.

Readers should be aware that the AA is a highly leveraged company with a very small capitalisation...

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Tags: AA

[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].