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.

Phaldrick scoops award for scoop...

Friday, 3 April 2020, 9:50 pm

A hearty congratulations goes out to former colleague Philip Aldrick, economics editor at The Times. Today he won the the Business and Finance Journalist of the Year award from the Society of Editors.

I have worked across the business desks of 'Fleet Street' for a quite a while and I couldn't think of a more diligent but understated journalist as Phil Aldrick, who I used to work alongside at The Daily Telegraph several years ago...

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Quelle Surprise: Nestle buys Lily's Kitchen for £100 million

Thursday, 2 April 2020, 9:21 pm

I see The Times business section today ran a piece on the front page of its business section about Nestle buying Lily's Kitcken, the upmarket pet food brand.

Now that won't come as much of surprise to regular followers of my work as I first broke the news of Lily's Kitchen hiring advisers late last year in the Mail on Sunday's business section. See below:..

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Tome from top hedgie sells out...

Monday, 30 March 2020, 4:35 pm

Was anybody aware that Sir Paul Marshall, one of Britain's most sucessful hedge fund managers, had written a book?

Well, Betaville certainly wasn't until intreprid hack Tom Teodorczuk at Financial News discovered the founder Marshall Wace, which manages about £40 billion, published the book a few weeks ago. Below is a link to Tom's scoop:..

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HSBC's hedgie leaders and laggards: Saba Capital tops the leaderboard; Lansdowne Princay Fund is Europe's worst performer

Thursday, 26 March 2020, 10:10 pm

Ping! HSBC's HedgeWeekly publication arrives with the performance figures of Europe's best and worst performing hedge funds.

Now, given Crispin Odey has been a big bear since 2015 and this weekend the old buffer told Betaville he had made £115 million in March you might expect his flagship fund to be the best performer...

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Tchenguiz carted out of FirstGroup - Part 3

Wednesday, 25 March 2020, 7:04 pm

It sounds like there is more to the sale of Robert Tchenguiz's 6pc shareholding in FirstGroup than meets the eye.

Last week, brokers to the flamboyant property entrepreneur forced him to sell is investment after he failed to come up with the "margin" (cash to fund the leveraged position held by spreadbetting firms), say people following the situation...

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Is the tide turning for Odey the Brexiteer? - part 38

Wednesday, 18 March 2020, 11:07 am

So, according to Bloomberg, Crispin Odey's uber-bearishly positioned fund is already up by 20pc this month.

Now, it would be easy to take pop at the old cassandra for shorting the market into a public health crisis but the thing is he has been directionally short for the last four years and, as a result, suffered excruciating losses over the last five years...

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Punters placing bets LVMH's $16 billion takeover of Tiffany could be in trouble, according to Gasparino - Part 2

Monday, 16 March 2020, 9:33 pm

Wow: Tiffany is down almost 10pc, trading around $115 a share.

That's quite a discount to LVMH's $135 / $16 billion cash offer price. I guess Gasparino was barking up the right tree on Friday with his note about punters placing bets on the deal falling through - although I'm not quite sure how that would work in practicality...

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Return of the Griffin...

Monday, 16 March 2020, 10:54 am

I realise people, politicians and markets are rather preocupied at the moment with something very imporant but for a bit of light relief I note the return of Gerard Griffin to Britain's business pages.

Now, younger readers will likely to be saying: "who he?"...

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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].