Posts tagged: Mail on Sunday

Fred Done said to have hired Lazard to work on a £2.9 billion William Hill counter offer, reports The Sunday Telegraph

Sunday, 4 October 2020, 12:56 pm

There are plenty of interesting stories in the British Sunday newspaper sections today, including Neil Craven's piece on the billionaire Issa brothers and their purchase of retail stalwart Asda. Below is the link to Neil's jackanory, which seems to be getting plenty of air time on Twitter this morning:..

Read more...

Hot streak...

Thursday, 13 August 2020, 10:26 pm

Another week, another scoop confirmed for Neil "Neily" Craven, Deputy City at the Mail on Sunday.

On Sunday the intrepid retail hack revealed in the Mail on Sunday's business section that New Look was heading for a major restructuring by appointing advisers from Deloitte. Below is the link:..

Read more...

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:..

Read more...

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...

Read more...

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:..

Read more...

Is the tide turning for Odey the Brexiteer? - part 36

Monday, 9 March 2020, 8:55 am

Perhaps charming Crispin will be proved right after all?

Two weeks ago I interviewed the the veteran hedge fund manager and asked him whether he thought the FTSE 100 index could end up at 5000 by the end of the year.

Odey - whose predictions of a stockmarket crash over the last four years have so far been proved to be spectacularly wrong - said that the FTSE 100 at 5000 was "highly probable". Below is a link to the interview in the Mail on Sunday:..

Read more...

The Genteel Hustler... - Part 5

Monday, 27 January 2020, 9:03 pm

There he is again. William Turvill, also known as the Genteel Hustler from his days working on the Mail on Sunday's business desk, turned up yesterday with another by-line in his former employer's publication.

The Huster's piece is not quite an interview with Megan Markle herself but rather a mini-profile/interview with a "friend" of hers - Beth Herlihy. Below is the link: ..

Read more...

Hedge Fund Intelligence-owner said to weigh £100 million sale - sources - Part 2

Wednesday, 22 January 2020, 1:13 pm

ICG is said to be the preferred bidder for Hedge Fund Intelligence-owner Pageant Media.

People following the situation said ICG, also known as Intermediate Capital Group, is now in "advanced talks" to buy Pageant Media for between £100 million and £150 million.

Bankers from DC Advisory are working with ICG on the acquisition said people familiar with the matter.

I expect a deal to be wrapped in the next few weeks, so keep an eye out for announcement.....

Read more...

The Genteel Hustler... - Part 4

Monday, 20 January 2020, 10:08 am

Another day, another great tale from William Turvill, a former staff writer at the Mail on Sunday's business section that has joined the club of global jobbing freelancers.

Yesterday, Turvill - known as the Genteel Hustler for his extremely polite but dogged story-getting style - landed an interesting piece in the Mail on Sunday's business section about Meng Wanzhou, the daughter of the billionaire founder of Huawei, Ren Zhengfei. Below is the link:..

Read more...

The Genteel Hustler... - Part 2

Tuesday, 24 December 2019, 11:55 am

So farewell Genteel Hustler.

One of Britain's best young financial hacks, William Turvill, is leaving these shores for sunnier climes in Vancouver, Canada.

During his time on the Mail on Sunday's business section Turvill landed multiple scoops around the collapse and potential takeover British steel and was a deft interviewer of heavyweight businessmen, managing to elicit unique, insightful and, occasionally, highly amusing quotes...

Read more...

Is the tide turning for Odey the Brexiteer? The series returns, again. - Part 2

Monday, 16 December 2019, 5:50 pm

Perhaps it isn't all bad news for Crispin Odey: his chum, British prime minister Boris Johnson, won a huge majority for the Tories on Friday.

That comes after Odey called on British business leaders to back Boris in an interview with yours truly for the Mail on Sunday's business section over the summer. Below is a link:..

Read more...

The millionaire, the row and the private jet company for celebrities...

Thursday, 7 November 2019, 8:32 pm

A good old fashioned dogfight is brewing in the skies above London’s junior stockmarket.

The legal battle between Gama Aviation - an AIM-listed private jet supplier to celebs, such as Lewis Hamilton before he ditched the mode of transport - and one of its customers, millionaire Andre Serruys, centres on allegations of false invoicing, dodgy deals for private jet parts and a failure to maintain Serruys’ plane, a Challenger 601 private jet...

Read more...

Thomas Cook on the brink (of collapse), according to the Daily Mail

Friday, 20 September 2019, 9:17 am

Betaville doesn't enjoy seeing any company collapse into administration but I note the fact that the Daily Mail and others are now reporting that Thomas Cook is on the verge of going under. Below is a link to the Daily Mail piece (which was splashed across the front page of the main book but I think was a follow from the Kleinmanator of Sky News)...

Read more...

The Genteel Hustler...

Thursday, 29 August 2019, 9:06 pm

There is a young financial hack in the London market who is fast distinguishing himself with some excellent journalism.

His name is William Turvill of the Mail on Sunday and rival business journalists from Financial News were on Twitter yesterday praising one a recent interview with Savvas Savouri, the blunt but amusing economist from Toscafund...

Read more...

Sunday review on a Monday: BT Group, Phoenix Group and Thomas Cook

Monday, 15 July 2019, 8:49 am

John McDonnell, the shadow chancellor, appreared to definitively rule out any potential re-nationalisation of BT Group in yesterday's The Sunday Times following reports from Yahoo Finance a couple of weeks ago that Labour was looking at the possibility of taking the telecoms giant back into public ownership.

Below is the link to Oliver Shah and John Collingridge's fascinating piece in yesterday's business sections:..

Read more...

Mocado...

Tuesday, 26 February 2019, 7:24 pm

Mocado, Markado and Ocamark. These are just some of the monikers being used to describe the latest Marks & Spencer / Ocado joint venture tie-up.

Anyway, hat tip to the Evening Standard's Russell Lynch for smoking out the latest iteration of the deal with his scoop today in the paper about the impending transaction. Below is a link to Russell Lynch's piece in case you missed it:..

Read more...

Sunday review - Mike Ashley, Peter Hargreaves and one of Betaville's former employers...

Sunday, 20 January 2019, 6:44 pm

Once you get past the acres of Brexit coverage there were some decent business jackanories knocking about in the Sunday papers today.

One story that caught Betaville's eye was a tucked away on page 2 of the Mail on Sunday's business section about how Mike Ashley is planning to hire new PR "experts" to look after his "growing retail group". Below is a link to Neil Craven's article:..

Read more...

Quelle Surprise: Gatwick Airport sold...

Thursday, 27 December 2018, 1:37 pm

Apologies for the lack of posts in the last few days. Betaville has been enjoying a few days of merrymaking and eating chocolate.

Anyway, on arriving back at my desk this morning I was presented with the news that Global Infrastructure Partners (GIP) and friends have sold some of their shareholdings in Gatwick airport to French firm Vinci for an estimated £2.9 billion...

Read more...

H&M chairman back in the market...

Friday, 16 November 2018, 7:20 pm

So, after a hiatus of several months Stefan Persson, the chairman of Hennes & Maurtiz, was today adding to this year's mammoth share purchase.

The Swedish billionaire squire - who owns vaste swathes of Britain's West Country - has this year spent almost $1 billion on buying shares in the company his father founded 71 years ago but today he added another 5.46 million shares to his shareholding, according to Bloomberg...

Read more...

Sunday review - the old business editor, er, the new business editor and the estate agency merger...

Sunday, 1 July 2018, 6:43 pm

So, farewell Iain Dey, who until yesterday was the business editor of The Sunday Times, a newspaper Betaville regularly writes for.

Iain and Betaville first worked together back over a decade ago when The Daily Telegraph and The Sunday Telegraph decided to merge their respective business reporting teams. Below is a scoop we broke together during that period:..

Read more...

Sunday review

Sunday, 7 May 2017, 9:18 pm

There weren't too many M&A scoops in the business sections this weekend but having worked for The Sunday Times, the Mail on Sunday and The Sunday Telegraph I know how some weeks it can be extremely tough digging out humdinger deal jackanories. They are a bit like buses - you wait for ages and then suddenly three come along in one go...

Read more...