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

UNCOOKED ALERT: Ultra Electronics said to ... - Part 3

Friday, 25 June 2021, 6:40 pm

Bizarre goings on following little old Betaville's scoop about Advent International's potential £2 billion plus takeover bid of Ultra Electronics earlier today.

First Cobham, the defence company owned by Advent, confirms this website's UNCOOKED Alert, suggesting it's looking at a cash offer for Ultra Electronics or a reverse merger...

Read more...

That Lone Star bid for Senior...

Thursday, 24 June 2021, 8:40 pm

There is something curious going on in the London market with this recent string of private equity bids for London-listed companies.

Betaville noticed that Senior's shares are still hovering around the 150p level despite the collapse of talks with American private equity suitor Lone Star.

Prior to Lone Star's approach becoming public Senior's shares were trading around 100p. The stock got up to around 165p as Lone Star improved its indicative offer to 200p...

Read more...

Betaville Intelligence

UNCOOKED ALERT: Cboe Global Markets Inc said to ... - Part 3

Tuesday, 22 June 2021, 12:58 pm

After this morning's UNCOOKED Alert a charming chap from Bloomberg got in touch to apologise for the mistake in aggregating Betaville content accurately.

And I understand Bloomberg has corrected its story from yesterday, which is very gracious of the global financial media outlet.

So, no hard feelings then from Betaville's end.

Now let's get back to competing for scoops and stories!..

Read more...

Tiziana Life Sciences back under the spotlight ... the series returns! - Part 2

Monday, 21 June 2021, 11:01 pm

Tiziana Life Sciences is making a return to these pixels as Betaville hears there could some fresh news announced in the next few days about the company's development of a therapeutic treatment to combat Covid-19 variants.

The talk is the company's nasal drug therapy may participate in another trial in Brazil with hopes that once that it is completed the treatment could prove to work against variants, such as the Delta variant...

Read more...

Betaville Intelligence

UNCOOKED ALERT: Cboe Global Markets Inc said to ...

Monday, 21 June 2021, 3:22 pm

Cboe Global Markets Inc, the US-listed options and stock exchange operator, is at the centre of bid talk.

People following the situation said a mystery bidder has been stalking Cboe, which owns the Chicago Board Options Exchange and BATs Global Markets, for several weeks.

However, the identity of the potential purchaser remains unclear, said people following the situation...

Read more...

Clayton Dubilier & Rice weighs £5 billion plus takeover bid for WM Morrison Supermarkets, reveals Sky News - Part 2

Monday, 21 June 2021, 11:06 am

Commentators, journalists and analysts were out in force this morning adding their two pennies worth to the weekend's most exciting corporate news event, airing all sorts of (potentially wild) speculation about rival offerors for WM Morrison.

For excample, George MacDonald, executive editor of Retail Week, turned up on Dominic O'Connell's BBC Radio 4 slot this morning to talk up the chance of Amazon mounting a counter bid...

Read more...

Betaville Intelligence

RARE ALERT: KPN said to ... - Part 13

Saturday, 19 June 2021, 8:56 am

Well that didn't take long - rivals hacks at Dealreporter claim private equity firms EQT and Stonepeak could revive their plan to buy Royal KPN, the Dutch telecoms giant.

According to the report (which cites "sources familiar with the situation"), "the consortium is still thought to be interested in the company and could revisit the opportunity" and "could explore another attempt at acquiring the business at the end of this year or in 2022"...

Read more...

True Potential eyes $2 billion Spac deal after JP Morgan buys Nutmeg, reveals the Evening Standard

Friday, 18 June 2021, 8:47 am

Jim "Armo" Armitage, the Evening Standard City editor, has dug out a top corporate scoop this morning.

The soon-to-be new The Sunday Times business editor is a proper grafter and today that hard work appears to have paid off with a tale about wealth manager True Potential appointing Credit Suisse to work on a SPAC merger deal. Below is a link to Jim's piece:..

Read more...

The pot calling the kettle black...?

Wednesday, 16 June 2021, 4:06 pm

Mark, "the Kleinmanator", Kleinman of Sky News has just popped up with a decent story about a Toscafund whinge.

The fund, run by Martin "the Rottweiler" Hughes, has gone on the record (which is quite rare) to complain about Ramsay Health Care's 240p a share bid for private hospital operator Spire Healthcare. Below are the quotes from Toscafund and a link to Mark's tale:..

Read more...

[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].