UNCOOKED ALERT: DXC Technology said to .....
Monday, 4 January 2021, 3:06 pm
A cheeky website about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. If you have a tip, want to discuss a story or have a subscription enquiry please feel free to email Betaville at [email protected]. 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: Pure Storage said to ... - Part 4..
Monday, 4 January 2021, 2:49 pm
Ferguson said to have appointed NM Rothschild to find a buyer for £500 million Wolseley UK - sources - Part 4
Monday, 4 January 2021, 11:41 am
The confirmations keep on coming for little old Betaville.
This morning FTSE 100-listed Ferguson announced it has struck a deal to sell plumbing merchant Wolseley to Clayton Dubilier & Rice, whose advisers include Sir Terry Leahy, for just over £300 million. Below is the link to the Ferguson statement:..
MGM launches $10 billion bid for Ladbrokes owner Entain, reveals the WSJ - Part 2
Monday, 4 January 2021, 8:04 am
So, Entain has been forced to confirm it has received a takeover approach from MGM Resorts at £13.83 a share, valuing the business at just over £8 billion. Below is a link:
MGM launches $10 billion bid for Ladbrokes owner Entain, reveals the WSJ
Sunday, 3 January 2021, 9:36 pm
The London market hasn't even yet opened for its first full day of trading of the New Year but already there is fresh multi-billion bid on the table.
The Wall Street Journal is reporting that MGM has submitted a $10 billion takeover approach for Entain, which was formerly known as GVC and owns the bookeeper Ladbrokes. Below is the link:..
Canaccord Genuity's Quest bullish about takeover deals... - Part 3
Saturday, 2 January 2021, 7:09 pm
Scribblers at Quest are tipping ITV and housebuilder Crest Nicholson as takeover targets for private equity as part of a 'gold rush' period for buy-out firms looking to pick up oversold bargains from the London market.
Yes, you read that right - ITV. Below is a link to The Times piece highlighting Quest's research...
Deals deals deals ...in a bear market - Part 13
Thursday, 31 December 2020, 6:10 pm
It's that time of the year when the data providers release their deals data and, er, business journalists construct stories out of the information.
So, Reuters are running the line that "global M&A activity fell to a 3-year low in 2020" amid the pandemic. Below is the link:..
RARE ALERT: Acadia Healthcare said to ... - Part 14
Wednesday, 30 December 2020, 7:12 pm
It took fourteen stories but Betaville got there in the end.
Yes, Acadia Healthcare, the US-listed healthcare firm, has finally confirmed the Betaville Intelligence series of articles about the sale of the Priory, including the last installment about Waterland and Median Kliniken's interest in purchasing the rehabilitation centre well known for treating celebrities, such as Kate Moss...
UNCOOKED ALERT: Pluralsight said to ... - Part 5
Tuesday, 29 December 2020, 5:28 pm
Apologies for the lack posts in the last few days but I have had a few days off.
Anyway, it appears that while I was enjoying some scrumptious food and delicious wine Vista Equity Partner's $3.5 billion takoever of Pluralsight, the US-listed educational software maker, has come under threat with several major shareholders objecting to the private equity firm's $20.26 a share offer...
Tags: Pluralsight, Akaris Global
UNCOOKED ALERT: Marston's said to ... - Part 2
Wednesday, 23 December 2020, 6:25 pm
I see Marston's today announced it has rescued 1300 jobs by striking a deal to take on the leases of more than 150 Brains pubs in South Wales for no consideration.
Below is a link to a piece about the transaction by my former Telegraph colleague, Ben Martin, now of The Times:..
UNCOOKED ALERT: STMicroelectronics said to ... - Part 2
Tuesday, 22 December 2020, 3:50 pm
STMicroelectronics NV, the Switzerland-based electronics and semiconductor manufacturer, is back in focus amid a fresh round of speculation it could soon be involved in a significant M&A transaction.
The precise nature of the transaction isn't clear but a deal may be "imminent", said these people following the situation.
Some people following the situation have heard rumours STMicroelectronics might in fact be a takeover target...
Tags: STMicroelectronics
UNCOOKED ALERT: Boohoo Group said to ... - Part 2
Monday, 21 December 2020, 7:25 pm
So, online fashion group Boohoo Group finally announced its new auditor - PKF Littlejohn LLP.
Perhaps that's what all the fuss was about a few weeks ago, which prompted Betaville to publish an UNCOOKED ALERT regarding the vague speculation? See the link below:
https://www.www.betaville.co.uk/betaville-intelligence/uncooked-alert-boohoo-group-said-to/..
Tags: Boohoo Group
UNCOOKED ALERT: Aerojet Rocketdyne Holdings Inc said to ... - Part 2
Monday, 21 December 2020, 2:17 pm
The deal confirmations are coming thick and fast despite the uncertainty.
Indeed, you might recall that little old Betaville published an UNCOOKED Alert on Aerojet Rocketdyne Holdings Inc - the US-listed the US-listed aerospace, defence and real estate company - just over ten days ago. Below is the link:..
Sunday review: Fidelity National Information Services Inc, Global Payments Inc and Network International Holdings
Sunday, 20 December 2020, 7:57 pm
Payment companies are in the headlines this Sunday but not necessarily for similar reasons...
UNCOOKED ALERT: Marston's said to .....
Friday, 18 December 2020, 3:33 pm
RARE ALERT: Royal KPN NV said to ... - Part 5..
Friday, 18 December 2020, 3:15 pm
UNCOOKED ALERT: Signature Aviation said ... - Part 3
Friday, 18 December 2020, 7:44 am
Betaville is in another grump.
That's because it would appear rivals, friends and former colleagues on the business sections have sided decided to ignore the fact little old Betaville smoked out Blackstone's £3 billion bid for Signature Aviation yesterday morning.
What is going on?..
UNCOOKED ALERT: Signature Aviation said to ... - Part 2
Thursday, 17 December 2020, 4:54 pm
It would appear Signature Aviation, and its highly paid advisers at JP Morgan and Tulchan Communications have decided to ignore the fact that little old Betaville published an UNCOOKED ALERT this morning about the potential deal.
In today's confirmation statement (see the link below) there is a simple reference to "movement in its share price" and no reference to Betaville's scoop (see the link below)...
UNCOOKED ALERT: Signature Aviation said to...
Thursday, 17 December 2020, 11:51 am
Signature Aviation, the UK-listed aviation services company, is at the centre of bid speculation.
People following the situation have heard rumours about the possibility of a takeover bid for, or stakebuilding in, Signature Aviation.
One person following the situation suggested the acquirer could be one of America's largest private equity firms while another person said they heard rumours the potential offeror could be a hedge fund that carries out outright takeover bids...
Tags: Signature Aviation
Ferguson said to have appointed NM Rothschild to find a buyer for £500 million Wolseley UK - sources - Part 3
Wednesday, 16 December 2020, 1:20 pm
Three private equity firms are said to be in the running to buy Wolseley UK from FTSE 100-listed Ferguson.
People following the situation said Clayton Dubilier & Rice, Epiris and HIG Capital are competing in the final round of the Wolseley auction.
Final round bids for Wolseley are due in the next few days, said these people.
It's thought Wolseley, one of Britain's biggest building merchants, could change hands for between £400 million and £600 million...
[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].