You don't very often see senior executives in private equity firms and stuffy corporates talk on the record much about carrying out potential deals with rivals before the transaction is announced very often...
Dealmaking in Europe may have slowed over the last few months but over in the US the takeover transactions keep on coming.
Late on Friday private equity firm Advent International announced the acquisition of Maxar Technologies, the space and sattelite technology company, for $53 a share in cash - a whopping 129pc premium to the undisturbed share price. Below is a link to the press release:..
GB Group's shares have perked up almost 4pc this morning.
If you are wondering why then look no further than an article published in the Mail on Sunday over the weekend.
Intrepid hackettes Amy-Jo Crowley and Francesca Washtell revealed that several private equtiy firms are circling GB Group, the London-listed indentity intelligence company, after little old Betaville's orginal UNCOOKED Alert...
Little old Betaville would like to clarify a point of confusion that arose last week as the two big beasts of the American financial media industry got stuck into the McAfee $10 billion take private scoop.
Betaville understands Bloomberg "broke" the story at 7:23pm (UK time) and then the Wall Street Journal came out with its piece just under 15 minutes later at 7:35pm.
So, it was in fact Bloomie that won that tussle...
Loyal readers of little old Betaville won't be too surprised to read this morning that Ultra Electronics is in talks to be bought by Advent International-backed Cobham for over £2 billion.
That's because this website consistently highlighted the prospect of a deal through a series of UNCOOKED Alerts published over the last few weeks before the release of any announcements of news reports. Below are the links in case you have forgotten:..
Bizarre goings on following little old Betaville's scoop about Advent International's potential £2 billion plus takeover bid of Ultra Electronics earlier today.
First Cobham, the defence company owned by Advent, confirms this website's UNCOOKED Alert, suggesting it's looking at a cash offer for Ultra Electronics or a reverse merger...
It would appear former colleagues at The Sunday Times got wind of the Clinigen takeover tale, too.
Yesterday, the business section of the The Sunday Times ran a rather similar tale to Betaville's UNCOOKED Alert from a ten days ago. Below is the link:..
Thank goodness the venerable Financial Times has temporarily lifted its paywall.
It's meant little old Betaville has been able to access a rather interesting piece about the sale of Thyssenkrup's lifts unit, which I have been following with great interest as there have been mutterings about another European lift business being "in play" over the last few weeks...
If you have a spare moment over the weekend and are interested in the Cobham / Advent bid situation then do click on the link below for a follow up piece in the Mail on Sunday's business section by yours truly and Jamie "Nimmers" Nimmo...
Spire Healthcare has been on Betaville's radar since 2016. That's because the FTSE 250 hospitals group is often talked about as a potential takeover target for a variety of potential suitors, including Mediclinic...