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.

Sky News: Polgyon pushes for £13.00 a share; Daily Mail/CBNC say Comcast is preparing a counter for Sky - part 3

Tuesday, 27 February 2018, 8:05 am

So, the London market is buzzing as Comcast has made a £22 billion counterbid for Sky pitched at £12.50 a share.

Hat tip to the CNBC and Matt Oliver of the Daily Mail who both broke the story of a potential counterbid from Comcast for Sky back in early December last year. I have pasted a link to the Daily Mail's story below:..

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LSE to reveal new CEO?

Monday, 26 February 2018, 10:58 am

This morning's business comment column by the excellent Katherine Griffiths, a former colleague from our days at The Daily Telegraph, caught Betaville's eye.

That's because top bankers suggested to Betaville last week that the London Stock Exchange - whose chairman has been having a bruising row with TCI's Sir Christopher Hohn, the exchange's biggest shareholder - may soon announce the appointment of a new chief executive, possibly as soon as this week...

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Sexy Elephant - part 2...

Tuesday, 20 February 2018, 5:34 pm

£100,000.

Apparently, that's how much it costs to become a super, uber premium member to Richard Caring's members' clubs and restaurants, such as Mayfair-based Annabels, George and Harry's Bar.

It's not clear, though, whether the super, uber membership - which supposedly guarantees no queues and immediate tables - is for a year, a decade or a lifetime...

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RARE ALERT: Reabold Resources said to be working on another equity fundraising

Friday, 16 February 2018, 10:06 pm

Reabold Resources is said to be working on another equity fundraising.

According to sources claiming to be familiar with the matter, Reabold and its advisers have been talking to investors about raising up to £10 million.

The potential fundraising, which could be done via a placing, comes just a few months after the company raised almost £4 million last September...

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Sexy Elephant...

Tuesday, 13 February 2018, 7:34 pm

That's supposed to be the name of Richard Caring's latest restaurant venture.

Yes, you read it correctly - Sexy Elephant. According to top sources, Caring - the British retail tycoon behind Mayfair eaterie Sexy Fish, where I suspect many of Betaville's loyal readers regularly dine out - is rumoured to be planning to open an Indian food-themed restaurant...

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RARE ALERT: Bluejay Mining said to be working on £15 million equity fundraising

Wednesday, 31 January 2018, 6:52 pm

It's a bull market, so the multi million/billion pound takeover deals and equity fundraisings are coming thick and fast.

The latest in the pipeline is Bluejay Mining, whose main asset is an ilmenite project in Greenland. What's ilmenite? Apparently, it's the most important ore of titanium and the main source of titanium dioxide, which is used in paints, fabrics, plastics, paper and sunscreen...

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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].