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.

Deals, Deals, Deals ... in a bear market - Part 48

Wednesday, 14 June 2023, 7:55 am

More deals were announced in the last twenty four hours, including one from a FTSE 100-listed company.

Entain, the blue chip sports betting group that owns Ladbrokes and Coral, last night announced it had struck a deal to purchase Polish rival STS Holdings and this morning launched a placing to raise £600 million to fund the £750 million purchase. Below is a link to the placing announcement:..

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Deals, Deals, Deals ... in a bear market - Part 47

Tuesday, 13 June 2023, 4:41 pm

There has been plenty of whining in the British press about the lack of takeover deals since the beginning of the year.

But over on the other side of Atlantic the multi-billion dollar deals keep on getting announced.

US-listed Bunge, for example, just announced the takeover of rival grain trader Viterra, in which FTSE 100-listed Glencore has a large stake, as part of $8.2 billion cash and stock deal. Below is the link:..

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Betaville Intelligence

UNCOOKED ALERT: Alfa Financial Software Holdings said to ... - Part 2

Monday, 12 June 2023, 9:03 am

Nordic private equity firm EQT appears to be one of the few private equity houses willing to do big deals in the London market at the moment.

Last Friday Alfa Financial Software Holdings, a London listed asset finance software business, confirmed little old Betaville's UNCOOKED alert, saying it reveived a takeover approach from EQT at 208p a share. Below is a link to the confirmation:..

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Betaville Intelligence

RARE ALERT: Paratek Pharmaceuticals said to ... - Part 2

Thursday, 1 June 2023, 7:56 pm

Gurnet Point Capital is said to be one of the private equity firms that has been circling Paratek Pharmaceuticals, the US-listed biopharmaceutical company.

Earlier this year Betaville Intelligence reported that Paratek Pharmaceuticals may have attracted takeover interest from a private equity suitor.

People following the situation said Gurnet Point Capital has been studying the purchase of Paratek Pharmaceuticals...

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Betaville Intelligence

UNCOOKED ALERT: Sartorius AG said to ... - Part 5

Wednesday, 31 May 2023, 10:18 pm

Another day, another follow up of one of little old Betaville's UNCOOKED alerts.

This time rivals at StreetInsider have published their own takeover story about Maravai Life Sciences Holdings, the US-listed healthcare technology company.

According to StreetInsider Thomas Lee, the US private equity firm, has submitted a fresh offer of $17 a share for Maravai Life Sciences Holdings and is now conducting due diligence...

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Betaville Intelligence

UNCOOKED ALERT: Suse said to - Part 5

Saturday, 27 May 2023, 10:00 am

Little old Betaville notes rivals at Dealreporter have finally cottoned on to the Suse takeover story that has resurfaced in the last couple of weeks.

Yesterday, Dealreporter - one of little old Betaville's former employers - published a story reportedly claiming EQT, Suse's largest shareholder, may be considering purchasing the remainder of the company it doesn't already own...

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Betaville Intelligence

UNCOOKED ALERT: Metro Bank Holdings PLC said to ...

Thursday, 25 May 2023, 3:37 pm

Metro Bank Holdings PLC, the London-listed "challenger" bank, has come under the spotlight amid takeover talk.

People following the situation have heard rumours Metro has attracted takeover interest.

In late 2021 Metro - set up in 2010 as alternative to the large UK high street banks - received takeover approach from US private equity firm Carlyle.

A deal, though, failed to materialise...

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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].