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.

That ASOS tale

Wednesday, 27 August 2014, 11:50 pm

I have had a fair few calls this morning about this ASOS takeover story that was doing the rounds in the market yesterday and today...

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Fancy that - Roche agrees to buy InterMune for $8.3 billion

Tuesday, 26 August 2014, 5:37 am

Good evening Betavillers!

I would have posted yesterday but I was taking a day off, enjoying the Notting Hill Carnival (for international readers unfamiliar with the Notting Hill Carnival, it is one of the biggest street parties in Europe held in the area of London where I live).

Anyway, I'm sure most of you have noticed that Switzerland-based Roche has agreed to buy US biopharmaceutical company InterMune for $8.3 billion...

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Parky on Betaville

Friday, 22 August 2014, 7:01 pm

Betaville has made it into Gary Parkinson's stock market report today as being the original source of the story behind China Mobile's interest in Vodafone...

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The latest M&A "boom" - part 2

Thursday, 21 August 2014, 12:23 am

Wow - the op eds on M&A are coming thick and fast over at the venerable Financial Times. Sarah Gordon, Europe business editor, has just published her view on what happens next in M&A now that several big deals have collapsed during the summer...

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Daisy Group

Wednesday, 13 August 2014, 7:10 pm

Will the uber-acquisitive Liberty Global/Virgin Media step in with a £500 million plus counter offer for telecoms and IT company Daisy Group?..

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InterMune said to be working with Evercore on strategic options

Tuesday, 12 August 2014, 4:15 am

It sounds like this InterMune situation is heating up.

Good sources tell me InterMune - a US-based bio-pharmaceutical company that specialises in making a drug to treat idiopathic pulmonary fibrosis - has begun working with bankers from Evercore alongside long-standing financial adviser Goldman Sachs to look at 'strategic options' for the business.

It is believed the appointment of Evercore may lead to a formal auction of InterMune...

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Something afoot with Boots - part 3

Thursday, 7 August 2014, 8:30 pm

Alistair Osborne, one of my former colleagues and bosses from The Daily Telegraph, is clearly refreshed after having some time off.

Indeed, Osborne's column today in The Times is highly entertaining and worthwhile a read, especially the item about Walgreen and Boots.

If you haven't looked at it already, here is a link to Osborne's column:..

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What's up with Evotec?

Wednesday, 6 August 2014, 1:45 am

I have been hearing some pretty interesting things recently about a German drug developer called Evotec AG.

To be honest, it's not clear to me exactly what is going on with this stock.

Geoff Foster, though, recently suggested that a British pharmaceutical company was lining up a EURO 5 a share offer for the business...

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Ouch!

Monday, 4 August 2014, 5:30 pm

Things are going from bad to worse at Bank of America Merrill Lynch's European investment banking team...

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BAT sits on the sidelines...for now

Thursday, 31 July 2014, 7:05 pm

Looking over this morning's coverage of British American Tobacco's recent figures, I see a couple of newspaper reporters tried to tempt Nicandro Durante, CEO of BAT, into spilling the beans about whether the tobacco giant has any plans to consolidate its position in the US...

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O3b internet spat

Tuesday, 29 July 2014, 6:49 pm

As chief executives, entrepreneurs and City dealmakers slope off to the Mediterranean for August
(islands off the Italian coast appear to be particularly in vogue at the moment), I am going to look at a few more "off-beat" stories. ..

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Bear hug

Saturday, 26 July 2014, 3:43 am

Quelle surprise - another Bank of America Merrill Lynch bear hug has fallen over.

This year the Wall Street investment bank has advised several companies trying to buy rival businesses using a "bear hug", an aggressive tactic used in M&A to force the the target company to the negotiating table by making an indicative offer public.

..

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Laughing stock

Wednesday, 23 July 2014, 8:50 pm

It looks like Pepsi's long-only shareholders are really piling the pressure on the company to give Nelson Peltz seats on the consumer giant's board...

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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].