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.

Damp squib?

Saturday, 10 January 2015, 1:42 am

If Elliott Advisers voted against today's Scheme of Arrangement to take Prezzo private, then it looks like the American hedge fund lost out by a small margin.

According to today's press release, just over 20pc of Prezzo shareholders voted against the Scheme (typically, you need 75pc approval from shareholders).



Elliott raises Prezzo stake to almost 14.5pc - yikes!

Wednesday, 7 January 2015, 5:03 am

I think the Prezzo shareholder vote scheduled for this Friday at Olswang's offices is about to get rather fruity. Secretive hedge fund group Elliott Advisers has just now declared it owns a stake of almost 14.5pc in Prezzo and word is the fund was trying to gobble up more stock in the market today. Here is a link to Elliot's declaration:..


Predictions, predictions and predictions

Monday, 5 January 2015, 2:54 am

It's that time of the year when commentators, analysts and hacks like to make predictions. But there have already been so many articles in the last few days about what might happen in 2015 that I'm not sure I'm going to be able to add much more to what has been already speculated...


The top FTSE 100 performer in 2014 is...

Wednesday, 31 December 2014, 1:17 am

Dixons Carphone!

According to Thomson Reuters, the electrical goods retailer has risen by about 70pc this year and is on course to finish 2014 as the top performing FTSE 100 stock.

I am rather pleased about Dixons Carphone topping the 2014 leaderboard as it was little old Betaville that broke the story back in February about Carphone Warehouse holding merger talks with Dixons Retail. In case you have forgotten, here is a link to that story:..


Weekend review

Sunday, 28 December 2014, 7:08 pm

It's always tricky at this time of the year to rustle up decent jackanories but my old colleague Graham, "Ruddy", Ruddick hasn't done too badly this weekend.

Graham, who works at The Daily Telegraph and The Sunday Telegraph, got a decent line from his interview with Andy Clarke, the chief executive of Asda, about potential consolidation in Britain's ailing supermarket sector.

Graham quotes Clarke saying:..


It's cheeky bid time

Monday, 22 December 2014, 1:42 pm

The boys over at FT Alphaville might have knocked off until the New Year but don't worry, little old Betaville will keep on going until 2015.

First, let's address this rather cheeky bid from for Afren from Seplat, which I have to admit I had never heard of until this morning.

Afren said today that after seeing its share price rise significantly on Friday, it had received:..


A Quindell snippet

Saturday, 20 December 2014, 3:54 am

I hear Quindell's board met this afternoon to discuss some of the findings of PricewaterouseCoopers's "independent review" into the beleaguered company's claims processing business...


Another FT deal scoop

Friday, 19 December 2014, 12:24 am

The Financial Times is really on fire at the moment. Following yesterday's scoop about a takeover bid for Lloyd's of London insurer Catlin the venerable newspaper this afternoon broke the story about the owner of British Airways considering a 1.1 billion Euro offer for Aer Lingus. Here is a link to that piece:..


[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].