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.

China's HNA Group said to rekindle $3 billion Swissport sale - sources - Part 3

Thursday, 16 January 2020, 3:59 pm

American hedge fund Centrebridge is said to be one of the more enthusiastic parties interested in HNA's Swissport, the Swiss airport cargo handling group.

Readers might recall that Betaville reported late last year China's embattled HNA Group is once again trying to offload Swissport, the airport cargo handling group, via bankers from NM Rothschild and boutique firm Benedetto Gartland & Company...

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Betaville Intelligence

RARE ALERT: Engie said to ... - Part 2

Tuesday, 14 January 2020, 2:59 pm

Engie's chief executive, Isabelle Kocher, talked about buying Suez with the French government last year without telling her board, according to Bloomberg.

Today's piece caught my eye as I was scanning the Bloomberg terminal as Betaville reported a rather similar tale around the time Miss Kocher is said to have been talking to the French government about buying Suez. I have pasted the link to that piece below:..

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Betaville Intelligence

UNCOOKED ALERT: NMC Health said to ...

Thursday, 9 January 2020, 2:50 pm

NMC Health, the London-listed private hospitals company based in the United Arab Emirates, may see an "unusual" investor come onto its shareholder register that could spark another round of takeover speculation.

Earlier this week, lenders to two of NMC Health's largest Gulf-based shareholders forced them to sell $493 million of stock, around 15pc, via an accelerated bookbuild. The share sale was believed to have been a margin call by Deutsche Bank and Credit Suisse...

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The Pink'un, the Bank of England and the new (ish) economics reporter

Wednesday, 8 January 2020, 10:04 am

Splashed across the front page of the venerable Financial Times is a "scoop" generated by an interview with Mark Carney, the guvnor of the Bank of England, by Lionel Barber, the outgoing editor of the paper.

It's a brilliant interview to land but just a shame that Mr Carney trots out so many statements of the obvious, such as "it's generally true that there's much less ammunition for all the major central banks [to fight recessions] than they previously had"...

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Young(er) rivals edge out uberdealmakers Robey Warshaw in 2019

Friday, 3 January 2020, 4:50 pm

They have been feted as Britain's top rainmakers. Yes, that's Sir Simon Robey and Simon Warshaw. Ever since they left their respective megabanks (Morgan Stanley and UBS) in 2013 and set up Robey Warshaw much smoke has been blown up their respective bottoms about how brilliant they are at advising some of Britain's biggest companies on mergers & acquisitions...

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Fantasy M&A from the Telegraph: Apple to buy Land Rover, Melrose to buy Unilever and ....

Thursday, 2 January 2020, 10:46 am

Having worked as a financial hack for the last fifteen years I guess it wasn't too hard to predict there will be plenty of "prediction" pieces at this time of the year.

How else you do fill a newspaper, website or Bloomborg terminal during a news vacuum at the end/beginning of the year?

Perhaps the most bizarre prediction piece came from Matthew Lynn, a business columnist for The Daily Telegraph, my former employer...

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China's HNA Group said to rekindle $3 billion Swissport sale - sources - Part 2

Monday, 30 December 2019, 11:13 am

There may be some interest in Swissport after all.

Readers might recall that Betaville reported late last month China's embattled HNA Group is once again trying to offload Swissport, the airport cargo handling group, via bankers from NM Rothschild and boutique firm Benedetto Gartland & Company.

The heavily indebted Chinese conglomerate has tried to sell Swissport before but so far there have not really been any takers...

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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...

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Muddy Waters mauls bid target NMC Health - Part 4

Monday, 23 December 2019, 12:52 pm

The vicious spat between notorious short seller Muddy Waters and FTSE 100-listed healthcare group NMC Health continues unabated.

This morning Carson Block's outfit pinged financial hacks with a fresh note. It starts off by saying:

"Muddy Waters Capital LLC believes that NMC Health’s response to our December 17, 2019 report was misleading, and outright false in certain portions. MW expects to comment more comprehensively on NMC going forward..."..

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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].