UNCOOKED ALERT: DS Smith said to ... - Part 5..
Thursday, 25 March 2021, 10:59 am
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.
RARE ALERT: Carrier Global Corporation said to .....
Wednesday, 24 March 2021, 8:34 pm
Will Deliveroo deliver?
Wednesday, 24 March 2021, 9:56 am
Betaville notes David Cumming, who manages billions of pounds for investors at Aviva, has just told Dominic O'Connell (another of Betaville's former boss from our on The Sunday Times) of BBC Radio 4 that he won't be investing in Deliveroo as part of its £8.8 billion flotation...
RARE ALERT: Telit Communications said to ... - Part 29
Monday, 22 March 2021, 12:24 pm
An American company is circling Telit Communications, the Aim-listed 'internet of things' designer.
People following the situation said a US-listed firm is working with advisers from Barclays on a possible combination with Telit.
The firm is said to have approached senior executives at Telit in recent weeks, said people following the situation...
Tags: Telit Communications
UNCOOKED ALERT: Kering said to ... - Part 3
Monday, 22 March 2021, 11:09 am
Hat tip to Miss Tweed, the fashion website run by a former Reuters hack Astrid Wendlandt, for unearthing another angle on the Kering acquisition rumours Betaville has been picking up over the last few weeks...
RARE ALERT: Telit Communications said to ... - Part 28
Friday, 19 March 2021, 1:31 pm
Telit Communications faces a shareholder backlash over Dbay's latest attempt to take the company private.
People following the situation said large shareholders in the Aim-listed 'internet things of designer' are furious about how talks with Dbay have transpired.
Yesterday, it emerged that Telit's board has given Dbay Advisors the opportunity to carry out due diligence on the business without indicating what price it would be prepared to recommend an offer...
RARE ALERT: Telit Communications said to ... - Part 27
Thursday, 18 March 2021, 9:42 am
There were a couple of deals anounced this morning in the UK, including National Grid's £14 billion takeover of Western Power from America's PPL Corporation. Below is the link to this morning's announcement:
William Hill, the hedge fund and the sale to Caesars...
Thursday, 18 March 2021, 7:41 am
Heavyweight American hedge fund HBK appears to have thrown a spanner in the works of William Hill's sale to Caesars.
This morning the London-listed company has said HBK has said it plans to contest the Scheme of Arrangement to sell the business to the American casino giant for £2.9 billion. Below is the link to the announcement...
Tags: William Hill
RARE ALERT: Telit Communications said to ... - Part 26
Wednesday, 17 March 2021, 11:14 am
Dbay Advisors is said to be back in talks with Telit Communications about a takeover offer for the Aim-listed 'internet of things' designer.
People following the situation said Dbay, which has in recent weeks built up a shareholding of over 26pc in Telit, has been carrying out due diligence on the company with a view to making a formal recommended offer for the business...
Tags: Telit Communications
Sir Martin said to be cooking up a mega deal... - Part 4
Wednesday, 17 March 2021, 10:11 am
I see S4 Capital has just appointed heavyweight American investment banks Morgan Stanley and Jefferies alongside Dowgate Capital as corporate broker to the company. Below is the link to this morning's announcement:
8dates...
Tuesday, 16 March 2021, 9:04 am
Investors chasing the next Bumble might want to take a look at 8dates.
Betaville understands 8dates, set up by Texan entrepreneur Michael Casey, has appointed British crowdfunder Seedrs to raise £350,000 as part of deal that will value the novel dating site at £4.2 million...
Tags: 8dates
UNCOOKED ALERT: Gold Fields said to .....
Monday, 15 March 2021, 6:40 pm
RARE ALERT: Jersey Oil and Gas said to ... - Part 2
Friday, 12 March 2021, 9:53 am
Jersey Oil & Gas, the Aim-listed oil and gas explorer, has confirmed yesterday's RARE Alert about a multi-million pound equity fundraising.
Below is the link to the announcement in case you missed it.
Tags: Jersey Oil & Gas
UNCOOKED ALERT: DS Smith said to ... - Part 4..
Thursday, 11 March 2021, 3:21 pm
RARE ALERT: Jersey Oil and Gas said to ...
Thursday, 11 March 2021, 9:25 am
Jersey Oil and Gas, the UK-listed oil and gas explorer, is said to be working on a multi-million pound equity fundrasing.
People following the situation have heard rumours Jersey and its advisers have been sounding out investors about raising between £10 million and £15 million, potentially via a bookbuild and placing.
However, it's not clear why Jersey is tapping investors for fresh funds...
Tags: Jersey Oil and Gas
RARE ALERT: Telit Communications said to ... - Part 25
Wednesday, 10 March 2021, 11:01 pm
Old Richard, the "Welsh Wizard", Griffiths has been boosting his stake in Telit Communications, the Aim-listed 'internet of things' provider.
Griffiths is well known in City of London circles for being a savvy investor with stakes a variety of companies, including Talk Talk, the the broadband company that was recently bought by Toscafund, it's largest shareholder.
And according to recent filings Griffiths now owns 9.06pc of Telit. Below is the link to the RNS announcement:..
RARE ALERT: KPN said to ... - Part 7..
Wednesday, 10 March 2021, 2:54 pm
The foreign exchange broker, the, er, that's it... - Part 2
Tuesday, 9 March 2021, 11:02 pm
There are more twists to the Equiti Capital row.
Readers might (or might not) recall that back in November last year Betaville noted that The Sunday Telegraph dug out a curious tale involving the foreign exchange broker, which is being is pursued in the commercial courts for £10 million. Below is the link:..
Tags: Equiti Capital
The telecoms giant, the bust up and the (potential) deal...
Monday, 8 March 2021, 10:28 pm
Betaville has been watching the goings on at BT Group with interest.
For readers unfamiliar with the situation, the company recently announced Jan Du Plessis, the chairman, was planning to retire but that announcement was swiftly followed up by a scoop from the Kleinmanator of Sky News about how Philip Jansen, BT's chief executive, gave boardroom colleagues an ultimatum over his own future that led to the departure...
UNCOOKED ALERT: Kering said to ... - Part 2
Thursday, 4 March 2021, 5:52 pm
The board of Ralph Lauren, the US-listed fashion brand, is said to be holding out for a substantial takeover premium from the company interested in acquiring the business.
The identity of the mystery suitor is unknown but people following the situation have heard rumours Kering, the France-based luxury goods company, may have an interest in acquiring Ralph Lauren...
Tags: Kering
[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].