Oh look - rivals at Reuters have finally decided to follow Betaville's intelligence from a couple of weeks ago about a potential takeover of Tronox Holdings, the US-listed titanium ore and zircon mining company.
Below is a link to my original alert and the Reuters follow up, which suggests Apollo has made an approach for the company...
Hacks at Reuters are giving the Credit Suisse UBS merger rumours a fresh airing.
Yesterday the newswire wrote a piece suggesting the combination of the two Swiss banks is being studied, again. Below is the link:
Apologies Betavillers for this rather late self congratulatory missive; I have been running around a bit today.
Anyway, it would appear rivals at Reuters have finally cottoned on to the fact that DXC Technology is a takeover target and produced a line about France's Atos making an approach for the business. Below is the link:..
This doesn't look good: two of the larger Abu Dhabi-based shareholders in NMC Health are trying to offload $490 million of stock in the embattled gulf-based healthcare group via their lenders amid a bear raid from Muddy Waters, the most feared short seller. Below is the top-line from the this evening's announcement and link:..
There was plenty of backslapping taking early place early this week by hacks at Reuters for the media organisation's "scoop" about Alphabet, owner of Google, bidding for Fitbit, the weareable device maker. Below is a link to the "scoop" by Reuters...
When I'm in the office I often pick up Financial News, a trade rag that many years ago gave little old Betaville one of his first jobs in financial journalism.
So, when I turned to page 3 of the paper I was intrigued to read an editorial by David Wighton, former business editor of The Times, vehemently arguing that companies should jettison ALL corporate jets as they are an "incendiary issue and red rag for customers and employees"...
Every now and then Betaville tunes into According to Sources, a podcast put together by the eloquent American hedgie Michael Samuels of Broome Street Capital.
Mr Samuels, as far as Betaville can see (or is it hear?) relishes nit picking over Wall Street deals, dealmaking and, now it would appear, journalism. Below is a link to Mr Samuels latest podcast...
Crispin Odey is falling in with the hedgies at Polygon by calling for a higher offer from 21st Century Fox or its new owner - the Walt Disney Company. Ben Martin, a former colleague from my time at The Daily Telegraph and now a reporter at Reuters, managed to get the old buffer to talk about it on the record today. I have pasted Ben's piece below in case you missed it...