It's still not clear who the "individuals" are behind the BHS deal despite the fact that several top Sunday newspaper business reporters had a good stab at trying to unveil their identities...
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 firstname.lastname@example.org. 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.
Looking over this morning's coverage of the BHS deal it's still not clear (to me, at least) who has actually bought the retail chain from Sir Philip Green.
Aside from the frontmen, reports suggest that Retail Acquisitions (the purchaser of BHS) is "backed by a group of eight to 10 individuals in different businesses, including oil and gas".
I'm guessing we will find out who some of these "individuals" are this Sunday.....
Mark Kleinman over at Sky News appears to be on a bit of hot streak.
Kleinman, a former colleague/boss during my time at The Daily Telegraph / The Sunday Telegraph, has landed several big exclusives this week, including the £1 billion takeover bid for Domino Printing.
He is also got today's scoop about Spain's Sabadell making a £1.7 billion bid for TSB, the listed challenger bank. ..
It looks like Bwin Party Digital Entertainment is still talking to potential buyers despite some news outlets claiming a few weeks ago negotiations had collapsed and the deal was off...
Remember how the soaring Swiss franc skittled almost everyone in the City?..
It's a Monday, so I was invited back on Tip TV. Here is a link to today's clip:
It's a shame Parky is leaving journalism (or at least he was the last time I checked) as I will miss columns like this:
I have been getting a lot of calls this morning about Weir Group. Yes, Weir Group - the company that went berserk on me last year after I outed its interest in buying/merging with Finnish rival Metso...
Ben Wright, one of the senior Telegraph business bods, has written a rather insightful and amusing comment piece on dealmaking entitled "when it comes to picking prices for buying and selling, we're all mugs". Here is the link:..
I think I talked a bit about 3G and Warren Buffett on Monday on Tip TV, and how the sage of Omaha's comments about working with the Brazilian billionaires again had triggered another round of SAB Miller takeover speculation...
I was looking at my Linked In profile the other day and noticed that somebody from GDF-Suez UK has been stalking me on the social network.
I'm not quite sure why I have been stalked but the last piece I wrote that involved the French group was about the company rekindling its interest in Canadian oil company Talisman Energy.
Here is a link to the piece that was published in the The Sunday Times last October:..
Moose (aka Nick Batsford) invited me back on Tip TV today. Here is a link to today's clip:
Apologies for my tardy Sunday review but just thought I would offer a hat tip to Oliver Shah over at The Sunday Times...
Aussie lawyers Slater & Gordon in exclusive talks to buy Quindell's legal services division - part 12
Apologies for the late posting Betavillers - I was out all day.
Aussie lawyers Slater & Gordon in exclusive talks to buy Quindell's legal services division - part 11
I have had a few readers get in touch asking for an update on the Quindell situation, so here it is:..
Quelle surprise! Ball Corporation and Rexam have just announced a £4.3 billion recommend takeover offer. Here are the details from their announcement:
It sounds like Ball Corporation is about to announce a recommended £4.3 billion plus takeover offer for can maker Rexam...
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