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.

Odey for PM?

Tuesday, 18 September 2018, 8:25 pm

Apparently, charming hedgie Crispin Odey, a vocal Brexiteer, is preparing to go into politics!

Well, that's according to a report in trade rag Financial News, which the publication splashed on earlier this week. Hat tip to intrepid FN hack Tom Teodorczuk for landing what would appear quite a scoop containing ON THE RECORD quotes. Below is a link:..

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Lloyds buy-out arm in the running to buy Lambrini, Crabbie's and City of London Gin maker - sources

Tuesday, 18 September 2018, 1:10 pm

The dreaded "Brexit uncertainty" seems to be dominating every aspect of media business coverage at the moment, including deals and dealmakers.

But there is one private equity firm that appears to be keen to continue in buying UK businesses no matter what: Lloyds Development Capital, the private equity wing of Lloyds Banking Group...

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That Sports Direct denial...

Thursday, 13 September 2018, 10:08 am

Most of this morning's business sections lead on story about how Mike Ashley's Sports Direct "doest not intend to make an offer" for beleguered rival Debenhams.

So, clearly Sports Direct WAS looking at making an offer for Debenhams as former colleague Ben Marlow reported last month in The Sunday Telegraph. Below is the link:..

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Bank holiday review: blue is the colour, football is the game... - Part 2

Wednesday, 5 September 2018, 12:21 pm

So, there are a couple of "new" names of potential buyers of Chelsea Football Club floating around the London market at the moment.

Now, to be clear this information is very much UNCOOKED (see below for definition of UNCOOKED) as Betaville has spent all summer trying to corroberate the story for a WELL-DONE alert or front page splash in the paper but has so far failed to do so...

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How modern day journalism works: the Evening Standard scoopette, the governor of the Bank of Engand and the BBC...

Monday, 3 September 2018, 10:24 pm

Any financial hack that has been around for over a decade in the UK market knows things have changed dramatically.

But the recent reporting of Mark Carney's potential extension to his term as the governor of the Bank of England demonstrates how ridiculous the situation has become.

Let's start from the beginning: the Evening Standard's excellent diary column runs a piece about how Mark Carney had been asked to stay on for a year by the Treasury. Below is a link:..

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Pro European City types cook up new British advocacy group / political party - The Series Returns... - Part 3

Thursday, 30 August 2018, 9:09 pm

This piece (see the link below) in the venerable Financial Times would appear to be connected to the series of stories Betaville has been running since last year about a bunch of pro European City types looking to back a new centrist, er, pro European political party.

https://www.ft.com/content/e03f1e1e-a938-11e8-94bd-cba20d67390c..

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Another Insider scoop...

Tuesday, 28 August 2018, 7:33 pm

Hat tip to The Insurance Insider.

Adam McNestrie, editor of the trade newspaper for the specialist insurance industry, broke a tale last week about the imminent takeover of US-listed insurer Aspen by Leon Black's Apollo for $2.6 billion. Below is the link:..

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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].