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.

Fresh bank rows in the offing? - part 2

Thursday, 22 December 2016, 6:52 pm

Royal Bank of Scotland might have been hit with bunch of fresh legal claims (see my post from earlier in the week) but yesterday the beleugered bank won its long-running legal tussle with Manchester-based developer Property Alliance Group.

In fact, it really was a comprehensive win for taxpayer-owned RBS, with the bank winning all counts in the UK's first judgement in a civil Libor-related claim...

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0 comments | Tags: betaville, Royal Bank of Scotland

RARE ALERT: Walt Disney Co said to have rekindled interest in buying Twitter; price agreed - part 4

Wednesday, 21 December 2016, 10:44 pm

I'm sure I will be on the receiving end of a load of unpleasant abuse from various trolls after this little update but I think loyal and sensible readers deserve a follow up piece since my original RARE ALERT about Walt Disney rekindling its interest in buying Twitter. Here is a link to that piece published in October:..

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1 comments | Tags: betaville, Twitter, Walt Disney

Chinese still circling...

Monday, 19 December 2016, 5:19 pm

This year has thrown up plenty of surprises. Politics aside, it's the global M&A boom led by Chinese buyers that was quite unexpected. There had always been plenty of banker talk about China-backed bids of western companies but I don't think many commentators would have predicted this year's huge surge in dealmaking by Chinese businesses...

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0 comments | Tags: betaville, 2016, Chinese, China

Chinese circle Fingerprint Cards - part 2

Thursday, 15 December 2016, 7:02 pm

Little old Betaville has been taking a bit of stick on Twitter recently for the story on Fingerprint Cards published a couple of months ago. So, I thought I would pen a note to clarify a few things for readers who seem to be obsessed by this Nordic biometric technology company...

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0 comments | Tags: betaville, Chinese, Fingerprint

British vet giant could be put on the block; may fetch as much as £350 million - part 2

Wednesday, 14 December 2016, 3:37 pm

This deal announcement in the Vet Times (see below) seemed to slip under the radar somewhat but I'm noting it as little old Betaville was the first to break the story a few weeks ago about Independent Vetcare being put up for sale.

https://www.vettimes.co.uk/news/independent-vetcare-announces-new-investor/..

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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

[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].