A cheeky website about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. If you have a tip, want to discuss a story or have a subscription enquiry please feel free to email Betaville at [email protected]. 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.

NewRiver REIT launches takeover bid for Capital & Regional

Thursday, 23 May 2024, 10:04 am

It's hard to keep up at the moment as there is so much dealmaking going on.

Indeed, London-listed NewRiver REIT has just announced it has made an aggressive move on rival property company Capital & Regional by approaching its largest shareholder, Growthpoint Properties, about a takeover deal.

Shares in Capital & Regional are up 20pc at pixel time following the announcement. Below is a link to the announcement from NewRiver REIT:..

Read more...

Betaville Intelligence

UNCOOKED ALERT: Keywords Studios PLC said to ... - Part 2

Sunday, 19 May 2024, 3:59 pm

I see Keywords Studios has decided to confirm little old Betaville's UNCOOKED Alert published on Friday evening.

This afternoon the video games services company said it has received a £2.2 billion takeover approach from EQT.

If EQT does complete the deal it would be the third multi-billion takeover deal the Scandinavian private equity house has done within the space of a month...

Read more...

Boaz on closed end funds, meme stocks and another credit crunch...

Tuesday, 14 May 2024, 8:28 pm

This interview with Boaz Weinstein, the hedge fund manager who made almost 100pc during the March 2020 global stock market sell off, is worth a watch if you have a spare twenty minutes.

Below is a link to the interview:

https://www.youtube.com/watch?v=MET90PmKlfI

Weinstein is an ex Deutsche Bank trader and founder of Saba Capital Management, his New York-based hedge fund...

Read more...

Permira snaps up Squarespace for $6.9 billion

Monday, 13 May 2024, 1:00 pm

EQT isn't the only big private equity firm getting stuck into the public equity markets today.

Permira - which is based in London, the United Kingdom - has just announced a deal to buy US-listed website developer Squarespace for $44 a share (or around $6.9 billion) in cash with the company's senior management. Below is a link to the deal details:..

Read more...

Betaville Intelligence

UNCOOKED ALERT: Banco de Sabadell said to ... - Part 7

Thursday, 9 May 2024, 6:53 am

After threatening to launch a hostile takeover for Banco de Sabadell via the Spanish media a week ago, BBVA, Spain's second largest bank, has actually now launched a hostile offer for its smaller rival.

BBVA has formally filed an all share offer in a voluntary tender that has similar terms to its previous bid for Banco de Sabadell. Below is a link to the Bloomberg report on the filing:..

Read more...

Sidara said to weigh John Wood Group takeover, reveals Bloomberg

Wednesday, 8 May 2024, 12:24 pm

I see arch rivals at Bloomberg have got to the bottom of the John Wood Group takeover story little old Betaville has been chasing over the last few months.

According to Bloomie, privately-owned Dubai firm Sidara is considering an acquisition of John Wood Group, which has come under pressure from its shareholders in recent months. Below is a link to the Bloomie scoop:..

Read more...

The Daily Mail's ten takeover targets...

Wednesday, 8 May 2024, 6:45 am

With so much (attempted) dealmaking taking place at the moment the Daily Mail's business section has decided this morning to wheel out a list of ten London-listed companies it believes could be vulnerable to a 'foreign predator'.

Now, when reading through the list of Daily Mail takeover targets it struck me that there were a few companies that have already appeared in these pixels before...

Read more...

[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].