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.

Is the tide turning for Odey the Brexiteer? - part 30

Wednesday, 27 December 2017, 1:53 pm

Poor old Crispin. Now, hacks and hackettes at The Times are sticking the boot in with a piece about profits and performance fees have "plunged" at Odey Asset Management following a torrid few years of terrible performance. I have pasted the link to Deidre Hipwell piece in today's business section below:..

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Is the tide turning for Odey the Brexiteer? - part 28

Monday, 18 December 2017, 9:43 pm

Crispin Odey is falling in with the hedgies at Polygon by calling for a higher offer from 21st Century Fox or its new owner - the Walt Disney Company. Ben Martin, a former colleague from my time at The Daily Telegraph and now a reporter at Reuters, managed to get the old buffer to talk about it on the record today. I have pasted Ben's piece below in case you missed it...

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M&A hack walks into the sunset...or more like the other side of the world

Wednesday, 13 December 2017, 8:05 pm

So farewell Dan Dunkley, The Sunday Times deals reporter who Betaville has had the pleasure of working with at several different publications.

Some of Dan's memorable M&A scoops include revealing: the detail of Mediclinic's bid £1.3 billion bid for Spire Healthcare; Aveva's merger Schneider Electric; and unveiling Li Ka Shing's attempt to buy O2 from Telefonica for £9 billion.

I have pasted the links to Dan's scoops below:..

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Former Bell Pottinger boss said to be "back in business"...

Friday, 8 December 2017, 8:32 am

Remember James Henderson?

He was the chief executive of Bell Pottinger until the firm imploded over its work for the Gupta family in South Africa. And the firm's implosion dominated mainstream media organisations thanks to Lord Bell's car crash interview on BBC's Newsnight and Henderson's high-profile connections, including his glamorous girlfriend Heather Kerzner, the South African born socialite...

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Negotiating the value of equity research for the post Mifid II regime - part 2

Wednesday, 6 December 2017, 4:50 pm

Poor old Michael Burt. Rival media organisations were being rather mean to him today after Exane BNP Paribas analyst published an "underperform" research note at 6:00am on Intu Properties, which suggested a takeover is highly unlikely. An hour later Hammerson announces the £3.4 billion purchase of Intu. Betaville, though, knows how difficult it is to land accurate M&A stories, so will refrain from making fun of Burt...

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RARE ALERT: Cabot Energy said to be working multi-million pound placing

Tuesday, 5 December 2017, 12:17 pm

Aim-listed oil and gas company Cabot Energy is working on a a multi-million pound equity fundraising.

According to sources claiming to be familiar with the matter, Cabot Energy is looking to raise up to £15 million via a placing.

However, it's not clear what price the new shares will be issued at. Sources also said it's unclear what the fresh capital is for.

Cabot Energy's main asset is an onshore light oil production project in Canada, according to its website...

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The activist, the Evening Standard columnist and the top of the market...

Friday, 1 December 2017, 6:41 pm

It's been ten years since Sir Christopher Hohn (then just Chris Hohn) launched a viscious activist campaign against ABN Amro by calling for the dismissal of its chief executive and a sale of the business. That move ultimately led to takeover approaches from Barclays and Royal Bank of Scotland. And we all know what happened next.....

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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].