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.

Cash calls - who is next? - Part 4

Wednesday, 29 April 2020, 7:10 am

There is talk circulating the London market that one of Britain's biggest companies is set to launch a large cash call.

Reliable people familiar with the matter said the mystery company, thought to be in the FTSE 100 index, said the equity capital fundraising could be imminent.

However, it's not clear which blue chip company is going to kick off the rights issue or placing. If you think you have an idea, do get in touch via the usual channels, such as ben@betaville.co.uk...

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IAG and easyJet could tap equity market for fresh funds, say Citigroup analysts - Part 2

Tuesday, 28 April 2020, 7:47 am

Sir Stelios is WILLING to back a cash call at easyJet IF the airline cancels the £4.5 billion Airbus order, and throws out its chairman and chief executive.

I just needed to clear that point up following last week's Betaville piece, which suggested Sir Stelios might not be happy about a potential equity capital raising at easyJet...

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Sunday review: easyJet, Virgin Atlantic and Lansdowne Partners - Part 2

Monday, 27 April 2020, 6:37 am

Investors in funds run by Lansdowne Partners can sleep a little easier.

A corporate communicator for the hedgie got in touch with little old Betaville to claim the The Sunday Telegraph's line about Lansdowne's interest in buying Virgin Atlantic is "wrong".

Mmmmmmmm...I have pasted the statetment from the Lansdowne lackey below so dear reader you can make your own mind up...

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Sunday review: easyJet, Virgin Atlantic and Lansdowne Partners

Sunday, 26 April 2020, 7:53 pm

If you weren't able to pick up a copy of the Mail on Sunday today you may not have noticed I had a chat with Sir Stelios about the company's board, the airline's precarious financial position and the possiblity of a cash call.

Sir Stelios was on rumbustious form, so I have pasted the link to the piece below if you missed piece:..

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Place idle investment bankers in branches, says former Deputy Governor of the Bank of England

Saturday, 25 April 2020, 9:30 am

Sir Paul Tucker told Radio 4 this morning that highly-paid investment bankers twiddling their thumbs during the crisis driven deal drought should go to work in the high street branches.

When asked by Mishal Hussein if was there anything he would be doing differently if he were in a policy making role today Sir Paul said:..

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Pants on Fire!

Thursday, 23 April 2020, 8:56 am

Several years ago The Sunday Times business section used to run little stories under the banner of "Pants on Fire" when the newspaper discovered it had been lied to by a company or its public relation advisers about a big scoop it had been trying to stand up for publication...

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Cash calls - who is next? - Part 2

Sunday, 19 April 2020, 5:28 pm

The cash calls are coming thick and fast. Indeed, if you read the Sunday papers' business sections today you may have noticed that Neil "Neily" Craven and I unveiled DFS Furniture's plan to tap equity investors for fresh funds.

Mark "The Kleinmanator" Kleinman has today followed up our tale, tweeting the furniture retailer plans to ask investors for £50 million via a placing alongside raising some £70 million of fresh debt...

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Billionaire Bertarelli and Toto Wolff buy stakes in Aston Martin...

Friday, 17 April 2020, 3:30 pm

Aston Martin has been a dog of stock since its flotation eighteen months ago but that hasn't stopped billionaires quietly accumulating stakes in the business.

The latest to gobble up the shares in the luxry marque are Swiss-Italian billionaire Ernesto Bertarelli and Totto Wolff, the Austrian investor, former racing driver and 30pc shareholder in the Mercedes Formula One team. Below are the links:..

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Cash calls - who is next?

Friday, 17 April 2020, 8:09 am

Betaville is in a bit of a grump.

Now, you might ask why given what's going on in the world. Well, yes, that's fair enough - there are more important things happening in the world than the daily cut and thrust of unveiling the secret deals going down in the City of London...

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Bears start mauling Hiscox - Part 3

Thursday, 16 April 2020, 7:45 pm

One of Betaville's favourite business commentators today follows the theme I laid out yesterday about Hiscox but probably in a more eloquent style than myself.

I am off course referring to Alistair "acerbic" Osborne, a former boss and colleague from my days at The Daily Telegraph City desk, and his piece in today's The Times about Hiscox's refusal to pay out claims to small and medium-sized businesses. I have pasted the link below:..

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Tiziana Life Sciences back under the spotlight...

Thursday, 9 April 2020, 12:07 am

Small cap enthusiasts might want to keep an eye on Aim-listed Tiziana Life Sciences.

Word reaches Betaville that the company has developed a unique approach for the fight against Coronavirus.

In case you don't recall Tiziana's shares soared over 200pc last month during one trading session after it launched plans to fastrack a drug it thinks could treat some of the more severe symptons of Coronavirus...

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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].