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.

Burmese Business - part 7

Wednesday, 30 August 2017, 7:25 pm

The Chinese appeared to have lost some of their appetite for Western businesses after a couple of years of hoovering up some of America and Europe's largest companies. In fact, Betaville wrote a piece on the topic in the The Sunday Times a couple of weeks ago. Below is the link to that feature:..

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Betaville Intelligence

Estee Lauder said to ... - part 3

Tuesday, 29 August 2017, 11:24 am

I see the top brass at Estee Lauder yesterday sent an internal "memo" to employees to quash the rather detailed takeover speculation aired in recent days, including by yours truly in The Sunday Times this/last weekend. Unsurprisingly, some financial media organisations ate it up in the usual manner of a pissing contest...

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Wonder Wilson and bank rows...

Tuesday, 22 August 2017, 7:34 pm

Hat tip to my old Telegraph colleague Harry Wilson, now City editor at The Times, who today landed a rather good scoop about Eric Daniels, chief executive of Lloyds during the bailout, suing his old employer for hundreds of thousands of pounds of unpaid bonuses.

Below is a link to Harry's story, which was splashed across the front page of the The Times business section:..

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The dealmaker, the bank and the missing skyscraper series - UPDATE

Friday, 18 August 2017, 7:55 am

Credit Suisse has failed to get a Norwegian tycoon's claim thrown out of the High Court court and could be heading for a messy trial with plenty of juicy disclosure.

Court moles have got in touch with Betaville to inform this website that on July 11, 2017 the Honourable Justice Teare dismissed Credit Suisse's attempt to "strike out" with summary judgement Brova's multi-million claim over the Hertsmere House fiasco...

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Project Zephyr...

Thursday, 17 August 2017, 9:31 am

It never ceases to amaze Betaville why bankers, lawyers and accountants read their uber confidential documents on the tube (or subway for Betaville's US/global readers).

But Betaville isn't complaining as occasionally this website/business journalist has picked up the odd jackanory from sneaking a peak while squashed in the tube...

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Acerbic Alistair back on top form...

Wednesday, 16 August 2017, 11:12 am

This is a bit late in the day but Betaville thought it might be worthwhile flagging up another highly amusing and insightful column from one my favourite business commentators: Alistair Osborne, now of The Times.

If you have been following what's being going on at the scandal ridden Telit then Alistair's piece from yesterday's section is well worth a read. Below is the link:..

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Inspirit Energy said to be working on £300,000 equity fundraising - sources

Monday, 14 August 2017, 6:58 pm

It's still pretty quiet (ish) in the British dealmaking market and that's to be expected because it's August.

So, here is a snippet on a little micro cap equity fundraising to keep market watchers happy.

Sources claiming to be familiar with the matter say Inspirit Energy, which is developing the "new generation of heat elecrtical power boilers", is poised to tap up investors for about £300,000...

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Betaville Intelligence

RARE ALERT: Calgon Carbon Corporation said to ... - part 3

Friday, 11 August 2017, 5:26 pm

The mystery company circling Calgon Carbon Corporation, a US-based company that manufactures products that remove contaminants from liquids and gases, is said to be Japanese.

Earler this week Betaville reported the potential acquirer of Calgon Carbon Corporation could be from China but sources claiming to be familiar with the matter said the potential buyer they are aware of is actually from Japan...

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Betaville Intelligence

RARE ALERT: Novelis said to ... part 2

Wednesday, 9 August 2017, 5:03 pm

Novelis's approach for rival Constellium could value the Dutch aluminium company at up to $1.3 billion.

According to sources claiming to be familiar with the matter, Indian metals giant Hindalco, which controls Novelis, could be willing to settle a legal dispute with Constellium.

This would effectively add an extra $2 a share to Novelis's original informal $10 a share approach for Constellium, said the sources claiming to be familiar with the matter...

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Tags: Novelis

[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].