Green Day
The Telegraph interview with the head of the Serious Fraud Office caught my eye as I was re-reading recent business coverage. Here is the link:..
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.
The Telegraph interview with the head of the Serious Fraud Office caught my eye as I was re-reading recent business coverage. Here is the link:..
US biotech Relypsa shot up 67pc on Thursday thanks to this (see below) Reuters piece:
http://www.reuters.com/article/us-relypsa-m-a-idUSKCN0X42B3
The thing is, I'm sure I mentioned on little old Betaville a couple of months ago something was afoot with Relypsa (from an M&A perspective). Here is the link:..
Oh look - I see my Rob Terry's outfit Quob Park Estate put a statement out last night after the market closed. The statement says his outfit now owns just over 5pc of Imaginatik, effectively confirming my tale from earlier in the week...
It's tough times for the chaps in pin stripe suits at stockbroker Canaccord Genuity.
According to my mole, the Canadian broker - which is de-listing from the London Stock Exchange - has placed a blanket ban on silver service dining at its smart, wood-panelled dining rooms and restricted client lunches to sandwiches.
I imagine old school City stockbrokers (not that there are many of them left) view such modern day restrictions as abhorrent...
Clearly, the Panama Papers was one of the biggest stories around yesterday...
My old mucker from my Telegraph days, James - "Quinny" - Quinn, had one of the best deal stories of the weekend after securing an on-the-record interview with Xavier Rolet, the boss of the London Stock Exchange...
Take a bow City AM for the best business April Fools story of 2016...
This story - http://uk.reuters.com/article/uk-argusmedia-sale-idUKKCN0WX1WH - broke on Reuters this afternoon...
There were a flurry of stories this evening about US pharmaceutical company Medivation hiring JP Morgan to field takeover offers...
Friends, readers and contacts who know me well know that I called the London property market right in 2007 (the last top) but ever since then I have called it wrong - as in, I still don't own a London residential property/house/flat.
So, for good reasons I have deliberately avoided prognosticating on what might happen with the London property market...
Apologies for the lack of posts over the last few days - I have been very busy scoffing chocolate over the long weekend...
Much of the mainstream business press dubbed Mike Ashley's comments to The Times earlier this week as an "own goal" by the maverick entrepreneur and owner of Newcastle United (I'm pretty sure I saw at least two headlines containing "own goal")...
I see Watkin Jones has this morning issued a statement about its listing on AIM, which saw the Welsh property developer raise £131 million.
Here is a link to today's statement:
http://www.investegate.co.uk/watkin-jones-plc--wjg-/rns/first-day-of-dealings-on-aim/201603230700089642S/..
Hat tip to Ars Technica, the tech blog, for breaking the news about Apple's interest in purchasing Imagination Technologies, which sent the shares up 18pc during this morning's trading session...
It sounds like the Welsh student accommodation developer's initial public offering is set for lift off.
Watkin Jones announced its intention to float earlier this month -
http://www.investegate.co.uk/watkin-jones-limited/rns/intention-to-float-on-aim/201603110700117724R -..
Old Harrovian Zak was in the chair today, quizzing me about the weekend M&A stories and recent bid gossip. So, here is a link to today's Tip TV clip:
http://www.tiptv.co.uk/finance/ma-update-whitbread-breakup-back-on-the-cards-monsanto-one-to-watch/..
I see JP Morgan has decided to dedicate a piece of equity "research" to little old Betaville and the stories I have published following my tale from earlier in the week on Mead Johnson...
The Serious Fraud Office took a bit of pasting yesterday in the British business press following it's move to close its criminal investigation into the $5 trillion-a-day global currency markets after two years of investigation...
There is a good follow up in the The Times today about the Saudi Arabian diplomat who is suing Credit Suisse and Tom Ryan, the mystery Irish property developer, for the return of a £25 million investment in Hertsmere House, the scheme to develop a residential skyscraper in Canary Wharf...
Here's a curiosity - a quick look at the LSE / Deutsche Borse merger announcement shows that Lucas Van Praag has landed a rather juicy mandate as a PR advisor to the LSE on the £20 billion plus exchange tie-up...
[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].