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.

Pizza Express owners said to weigh counterbid for Wagamama The Restaurant Group, reveals Sky News

Wednesday, 25 October 2023, 9:09 pm

The old Kleinmanator has managed to edge out little old Betaville by getting to the bottom of the The Restaurant Group counterbid tale.

Kleiny, also known as Mark Kleinman of Sky News, has just revealed that the owners of Pizza Express, who include Bain Capital Credit and Cyrus Capital Partners, are weighing up whether to make a counter offer for The Restaurant Group after it recommended a £500 million takeover from Apollo, the US private equity firm...


Charlton Athletic backer said to be putting together multi-million pound bid for The Daily Telegraph, reveals The Sunday Times

Sunday, 22 October 2023, 10:26 am

Tucked away in The Sunday Times Prufrock column was an item that caught little old Betaville's eye.

The diary piece suggests Marc Boyan, a media entrepreneur that recently bought a stake in Charlton Atheltic football club, is interested in buying The Daily Telegraph. ..


Markets live with Betaville featuring: Aviva, M&G and Temenos

Saturday, 21 October 2023, 8:44 am

Former FT hack Izabella Kaminska was kind enough to invite little old Betaville back onto her Blind Spot Markets Live show yesterday morning.

It was a bit of gloomy day in the wider market but there were quite a few things to talk about, including a few UNCOOKED rumours. Below is a link to yesterday's transcript in case you missed it:..


Tags: Aviva, M&G, Temenos

Deals, Deals, Deals ... in a bear market - Part 56

Thursday, 19 October 2023, 6:27 pm

Today's deals include CoStar Group's £99 million purchase of London-listed property website OnTheMarket.

The Nasdaq-listed company is paying 110p a share for OnTheMarket, which is at a premium of 56pc. Below is the link to the press release:



Deals, Deals, Deals ... in a bear market - Part 55

Wednesday, 18 October 2023, 7:46 am

Companies and private equity firms are still trying to do deals.

The latest potential takeover to hit the the tape is CVC Capital's interest in buying Nexi SpA. Arch rivals at Bloomberg reported overnight that the private equity house is in the early stages of weighing a takeover bid for the Italian payments giant. Below is a link to that piece:..


Betaville Intelligence

UNCOOKED ALERT: Continental AG said to ... - Part 2

Wednesday, 18 October 2023, 7:30 am

Arch rivals at Bloomberg have finally followed up little old Betaville's UNCOOKED Alert about the rumours surrounding Continental AG, the German car pars manufacturing giant.

Late yesterday Bloomberg reported that Continental AG is studying the sale of automotive assets including its autonomous mobility business. Below is a link to the Bloomberg piece:..


Betaville Intelligence

RARE ALERT: ASOS said to ... - Part 20

Tuesday, 17 October 2023, 9:36 am

So, Mike Ashley's Frasers Group has upped its stake further in online retailer Asos to 22.8pc whilst also increasing the shareholding in rival digital fashion firm Boohoo to 15.1pc.

The dual stakebuilding does raise questions about whether Ashley, a well-known gambler, is ultimately plotting a bid for both companies.

Little old Betaville, though, assumes one of these stakebuildings could be a head fake.....


Apollo pays £506 million for The Restaurant Group

Thursday, 12 October 2023, 7:15 am

Private equity house Apollo has just announced the £506 million takeover of The Restaurant Group, the operator of well known restaurants chains such as Wagamama, and Frankie and Benny's.

The board of The Restaurant Group has recommended a 65p a share in cash offer from Apollo. Below is a link to the press release:..


Exxon Mobil close to purchasing Pioneer Natural Resources for around $50 billion, reveals the Wall Street Journal - Part 2

Wednesday, 11 October 2023, 12:11 pm

Exxon Mobil has just formally announced the $60 billion all stock takeover of Pioneer Natural Resources.

So, take a bow hacks at the Wall Street Journal. They may be rivals but they nailed the Exxon Mobil - Pioneer Natural Resources takeover scoop not once but twice. Below is the link to the final announcement:

Below is the link to the press release:..


Betaville Intelligence

UNCOOKED ALERT: Aviva said to ... - Part 4

Monday, 9 October 2023, 10:34 am

I must apologise - it would appear little old Betaville completely missed the fact that The Guardian also followed up last week's UNCOOKED Alert and were kind enough to give this website a mention.

Moreover, The Guardian seems to have spoken to its own proprietary sources and dug out an interesting line, which I have pasted below:

"A City source told the Guardian there had been some discussions with suitors."..


The former Chancellor of the Exchequer, the boutique investment bank firm and, er, insert anything they are both involved with here... - the series returns - Part 3

Monday, 9 October 2023, 8:59 am

Last week George Osborne revealed in his Political Currency podcast with Ed Balls the way super secret takeover deals are disguised with "code words", such as Project "Cedar" and Project "Redwood"

So, it was interesting to read in today's front page news reports about the Metro Bank recapitalisation plan that there were lines about how Robey Warshaw, the M&A advisory boutique, is advising Santander on its interest buying the beleguered London-listed bank...


[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].