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

RARE ALERT: Feedback plc said to be working on equity fundraising

Tuesday, 6 August 2019, 7:05 pm

Feedback plc, the Aim-listed medical imaging technology, company is said to be close to unveiling an equity fundraising.

People claiming to be familiar with the matter said Feedback is working on a placing of new stock with investors and brokers at Peterhouse are leading the deal.

However, it's not clear how much fresh capital Feedback is looking to raise...

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2+2=4 or 2+2=5?

Tuesday, 6 August 2019, 4:34 pm

Burford Capital, the litigation funder, has crashed by almost 20pc today to around £11.80 a share.

Now, there have been rumours doing the rounds that Neil Woodford has been looking to offload his shareholding via Peel Hunt but punters are today blaming another reason for the massive decline: Muddy Waters.

Yes, the famous (or infamous?) original short seller, run by Carson Block, today tweeted:..

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Sunday review on a Monday: the rainmaker, the Cobham deal and the house...

Monday, 5 August 2019, 2:47 pm

The mischevious scamp who pens the excellent Prufrock diary column in The Sunday Times gave Ravi Gupta, the top Rothschild banker running the Cobham deal, a bit of a shoeing this weekend.

Liam Kelly unveiled the expensive contents of Mr Gupta's rather large house in Hampstead, North London, and then noted he was responsible for selling off Britain's largest industrial businesses, such as Cobham, to any predator willing to pay a sum...

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Interserve rumblings...

Saturday, 3 August 2019, 10:56 am

It sounds like the banks and hedgies that ended up owning the failed Interserve are already becoming fed up with being proprietors of the government contracting giant.

According to reliable City sources, Royal Bank of Scotland et al have asked advisers at Lazard to start drawing up plans for a sale of some or all of the group, which could kick off in earnest as early as this September...

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Betaville Intelligence

RARE ALERT: Amgen said to ... - Part 3

Wednesday, 31 July 2019, 5:32 pm

There are some Twitter users, namely Trinvest3, who are completely misrepresenting Betaville's content on the social media platform.

Once again, Trinvest3 (presumably from Spain), is talking BOLLOCKS claiming I wrote certain facts in an article involving Amgen that I didn't actually write.

I just thought I would clear that up!..

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Tags: Amgen

A confirmation of sorts at BBA Aviation...

Tuesday, 30 July 2019, 8:35 pm

Sometimes confirmations come within hours of a report; sometimes they take months. Or, in the case of BBA Aviation: a year!

Today the FTSE 250-listed business anounced it is selling its Ontic division to CVC Capital Partners for almost $1.4 billion...

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Betaville Intelligence

RARE ALERT: Mercia Asset Management said to ... - Part 2

Friday, 26 July 2019, 2:55 pm

I do wish Betaville's friends at Bloomberg would accurately aggregate content from my website.

To be clear, people claiming to be familiar with matter said Woodford has sold Woodford Patient Capital Trust's 5pc stake in Mercia Asset Management for around 30p but NOT the whole of the 24pc shareholding as suggested by the aggregated version of my story on Bloomberg...

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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].