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.

PayPal eyes $40 billion plus takeover of Pinterest, reports Bloomberg - Part 2

Monday, 25 October 2021, 3:11 pm

Well, Bloomberg's story about PayPal's potential $40 billion plus takeover deal of social media site Pinterest appears to have ended as quickly as it started.

Last night PayPal issued a statement, saying: "in response to market rumors regarding a potential acquisition of Pinterest by PayPal, PayPal stated that it is not pursuing an acquisition of Pinterest at this time."..

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Sunday review on a Monday: Go-Ahead and FirstGroup

Monday, 25 October 2021, 10:33 am

Oliver Gill, the hotshot business hack on The Sunday Telegraph, dug out an interesting line on the weekend about Go-Ahead, the beleguered train operator.

Gill's piece claims Go-Ahead might become a takeover target for FirstGroup after its shares collapsed following news it had hidden £25 million of excess profits from the Treasury. Below is a link to Gill's piece:..

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ITV and Lord Grade-backed Miroma Ventures eye multi-million pound takeover bids for Channel 4, reveals The Sunday Times, er, on a Saturday...

Saturday, 23 October 2021, 2:47 pm

Hat tip to my old Mail on Sunday mucker Jamie, "Nimmers", Nimmo for landing a great tale about ITV weighing a takeover bid of Channel 4.

Jamie's scoop also has a line about how Miroma Venture - which is chaired by Lord Grade, the former boss of the BBC and chairman of ITV, and run by entrepreneur Marc Boyan - is also looking at Channel 4. Below is a link to the tale:..

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Betaville Intelligence

UNCOOKED ALERT: Aurinia Pharmaceuticals said to ... - Part 2

Friday, 22 October 2021, 9:51 pm

Rivals at Bloomberg appear at the moment to be super keen on following up little old Betaville's alerts.

Earlier this week the financial media behemoth followed Betaville's UNCOOKED Alert on Falck Renewables, the Italy-listed renewable energy group, and just now Bloomie followed up last week's UNCOOKED Alert on Aurinia Pharmaceuticals, the US-listed rare disease developer. Below is the link to a Seeking Alpha summary:..

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Former business editor of The Sunday Times leaves BBC Radio 4; rumoured to be heading to Murdoch's Times Radio... - Part 2

Friday, 22 October 2021, 11:09 am

It would appear yesterday's business media gossip aired on these pixels was bang on the money.

Today Times Radio has issued a press release confirming O'Connell's appointment from the BBC. Below is the link:

https://radiotoday.co.uk/2021/10/dominic-oconnell-joins-times-radio-as-business-correspondent/..

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Former business editor of The Sunday Times leaves BBC Radio 4; rumoured to be heading to Murdoch's Times Radio...

Thursday, 21 October 2021, 8:02 pm

So farewell Dominic O'Connell, the BBC Radio 4 buiness editor, who today leaves the broadcasting giant.

Little old Betaville had the pleasure of working with O'Connell in his latter years as business editor of The Sunday Times.

It may, though, not be too long before the quick-witted Kiwi is heard on our airwaves again. The talk is O'Connell is heading to the new (ish) The Times radio station, presumably to present on, er, business matters.....

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Bears creep out of the woods... - Part 4

Thursday, 14 October 2021, 10:09 am

Plenty of Fleet Street hacks have jumped on the bear story surrounding The Hut Group, the London-listed e-commerce company also known as THG, in the last few days.

Indeed, the company's problems, including an over 40pc share price collapse over a fortnight, are managing to fill whole front pages and commentary columns this week...

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Betaville Intelligence

UNCOOKED ALERT: Alimentation Couche-Tard said to ... - Part 3

Monday, 11 October 2021, 7:55 am

Bloomberg has finally decided to follow up little old Betaville's UNCOOKED Alert on the takeover rumours swirling around Carrefour, the France-listed supermarket giant.

Over the weekend Bloomberg reported that Auchan, the privately-owned food retailer controlled by the billionaire Mulliez family, had approached Carrefour about a deal that would have valued the supermarket giant at around EURO 21.50 in cash and shares. Below is the link:..

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Bears creep out of the woods... - Part 3

Friday, 8 October 2021, 6:21 pm

Now hacks at Bloomberg have jumped onto the Adler Group short story.

The financial media giant today released a lengthy piece about Cevdet Caner, who Bloomberg claims has a big shareholding in Adler Group via family trusts...

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