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 Intelligence

UK Oil and Gas Investments said to ...

Tuesday, 9 May 2017, 1:56 pm

Aim-listed UK Oil and Gas Investments is said to be in the process of carrying out a £6m equity fundraising.

Sources familiar with the matter said UK Oil and Gas Investments - also is known as the "Gatwick Gusher" following its claim it had found an oil field of "national significance" a few miles from Gatwick airport in 2015 - is working with brokers at Cenkos on a placing with a view to raising around £6 million from investors...

Read more...

0 comments | Tags: UK Oil and Gas

Is the tide turning for Odey the Brexiteer? - part 17

Tuesday, 9 May 2017, 10:52 am

The football scores are in (also known as the HSBC Hedge weekly returns). And it would appear the Odey European Fund has crept back onto the top 20 loserboard - Crispin's flagship fund is now down 7.82pc for the year to April 21, 2017, according to HSBC.

The news comes after The Sunday Times Rich List, compiled by the excellent Robert Watts, revealed last weekend that the charming buffer had slipped down that particular league table, losing £125 million last year...

Read more...

Sunday review

Sunday, 7 May 2017, 9:18 pm

There weren't too many M&A scoops in the business sections this weekend but having worked for The Sunday Times, the Mail on Sunday and The Sunday Telegraph I know how some weeks it can be extremely tough digging out humdinger deal jackanories. They are a bit like buses - you wait for ages and then suddenly three come along in one go...

Read more...

Pembridge Resources poised to kick off fundraising roadshow with "speed dating" at the Mint Leaf - sources

Monday, 1 May 2017, 2:25 pm

Pembridge Resources, the AIM-listed company formerly known as China Africa Resources, is expected to launch its fundraising roadshaw tomorrow.

And little old Betaville understands David Linsley, the company's newish chief executive, has introduced a rather novel format for the roadshow...

Read more...

Sunday review

Sunday, 30 April 2017, 7:05 pm

There were a couple of pieces that caught my eye in today's Sunday newspaper business sections.

Most intriguing was a comment piece written by Iain Dey, business editor of The Sunday Times, about how Exxon Mobil might rekindle its interest in FTSE 100-listed oil giant BP. Regular Betaville readers will know this is a topic little old Betaville has broached in the past. Anyway, if you missed Iain's excellent column I have pasted the link below:..

Read more...

Back on Tip TV talking about Tullow Oil, TT Electronics and Wix - part 2

Wednesday, 26 April 2017, 1:09 pm

Bryce Elder - the financial hack who broke the story Kraft Heinz's £130 billion bid for Unilever - over at the Financial Times was talking about Wix today as a takeover target for Cisco on Markets Live this morning.

Well, I would just like to point out that little old Betaville brought up Wix as a potential takeover target a couple of weeks ago on Tip TV. In case you missed it, here is a link:..

Read more...

0 comments | Tags: Tullow Oil, TT Electronics, Wix, Tip TV
Betaville Intelligence

AdvancePierre Foods said to... - the end

Tuesday, 25 April 2017, 3:15 pm

I see US-based Sandwich maker AdvancePierre Foods and Tyson Foods have just announced a deal that will the latter buy the former for $4.2 billion.

News of the deal won't come as a surprise to subscribers of the Betaville Intelligence platform as last week's RARE story on AdvancePierre Foods highlighted how the company is likely to be involved in an imminent M&A transaction.

In case you missed it, here is a link to the Betaville Intelligence platform:..

Read more...

Pro-European City types cook up new British advocacy group / political party - part 5

Tuesday, 25 April 2017, 9:48 am

Splashed across the front page of today's The Guardian is a story about how Open Britain - the advocacy group chaired by PR supremo Roland Rudd and backed by Tory MP Anna Soubry - is urging pro-remain voters in 20 seats held by prominent Brexit-supporting MPs to oust their incumbent but vulnerable representatives in parliament. Here is the link:..

Read more...

[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].