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.

Hat tip

Friday, 2 December 2016, 6:13 pm

Apologies if this a bit late in the day but I think its worthwhile flagging up a rather good scoop written by one of my old colleagues from my time at The Daily Telegraph.

Katherine Griffiths, now Banking Editor at The Times, landed the splash in this morning with her exclusive tale about how the regulators are looking to find a buyer for Manchester Building Society, reminding the world of the British building society crises in 2008/9...

Read more...

RARE ALERT: Walt Disney Co said to have rekindled interest in buying Twitter; price agreed - part 3

Thursday, 1 December 2016, 4:48 pm

It would appear some people in the echo chamber on the other side of the pond don't "get" Betaville. This is particularly evident with aspects of my recent Twitter stories, which are being mis-represented on Twitter (I realise there are many ironies here). Either that or there are some scallywags trying to deliberately mis-quote Betaville in markets for their own ends...

Read more...

3 comments | Tags: betaville, Walt Disney, Twitter

RARE ALERT: Walt Disney Co said to have rekindled interest in buying Twitter; price agreed - part 2

Thursday, 1 December 2016, 8:15 am

Little old Betaville's has had a lot of enquiries from readers about where the Twitter auction has got to since I wrote about it a month ago in a RARE ALERT. And this week's news that Twitter will stream Disney's Stars Wars content has really got readers scratching their heads about the sale process. Here is a link to the announcement:..

Read more...

0 comments | Tags: betaville, Walt Disney, Twitter

Montague returns...

Thursday, 24 November 2016, 12:09 pm

Robert Montague hasn't featured in British business sections for quite some time. Perhaps, though, that's a good thing for him because the last time the entrepreneur hit the headlines the company he built into a FTSE 100 business - Tiphook, a container and truck leasing business - was imploding and Montague was declared bankrupt with personal debts of £30 million...

Read more...

Bridgepoint said to have hired Baird to work on Hobbyrcraft - sources

Saturday, 19 November 2016, 7:59 am

This isn't earth shattering news but probably interesting for deal watchers in Britain's retail sector.

This week I learned that UK-based private equity firm Bridgepoint has hired investment bankers from Baird to work on a secret project for Hobbycraft, one of Britain's largest arts and craft retailers. Banking sources claimed to me that Baird had been appointed to carry out a strategic review (banker parlance for sale) of Hobbycraft...

Read more...

0 comments | Tags: Bridgepoint, Hobbycraft, betaville

Mediclinic said to weigh £1.8 billion plus takeover bid for Spire Healthcare - part 2

Thursday, 17 November 2016, 10:44 pm

I note Bloomberg earlier this week published a tale about Mediclinic taking a look at Amana Healthcare, a private medical-care provider in the United Arab Emirates. According to the newswire service, Amana has hired Bank of America Merrill Lynch to explore a sale that may value the company at $400 million...

Read more...

RARE ALERT: HM Treasury said to be weighing major changes to property tax; may even abolish stamp duty - part 3

Tuesday, 15 November 2016, 5:26 pm

I see my former employer, The Daily Telegraph, has picked up on a theme little old Betaville has been writing about for the last month or so. Today, the venerable newspaper splashed the main book on a campaigning piece - dubbed 'Stamp duty' - advocating major changes to the tax (for readers outside of the UK you have to pay stamp duty when you purchase a property). Here is a link to the The Daily Telegraph's splash story:..

Read more...

The former Marks & Spencer boss, Sir Philip Green's PR man and, er, The Donald

Monday, 14 November 2016, 1:25 pm

Little old Betaville has been running now for a couple of years and has developed a bit of a following in the City. And some readers are now even offering to write pieces for little old Betaville.

So, as a bit of an experiment, below is a contribution from a certain “Mr Shears”. I hope you enjoy it as much as I did.

A contribution from Mr Shears:

There’s many a slip twixt cup and lip, as my old boss used to say...

Read more...

Shire said to be participating in Merrimack Pharmaceuticals "strategic review" - sources

Friday, 11 November 2016, 12:33 am

Reuters landed a good story earlier this week about a US biopharmaceutical company called Merrimack Pharmaceuticals carrying out a "strategic review" (banker parlance for a sale or sale of assets). Here is a link to the Reuters piece:

http://www.reuters.com/article/us-merrimack-pharma-m-a-idUSKBN1342QZ..

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].