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.

Osborne begins new era

Tuesday, 20 May 2014, 2:14 am

Great to see my old colleague and sort-of boss Alistair Osborne kick off his new job at The Times with a cracking column on the Pfizer/AstraZeneca takeover situation...

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AstraZeneca rejects latest Pfizer approach

Monday, 19 May 2014, 4:33 pm

Wow - AstraZeneca has rejected Pfizer's fresh £55.00 a share offer.

Now, I have to admit I didn't see that coming. I thought the raise would allow both companies to at least start talking and get an extension to the "put up or shut up" deadline.

Indeed, one of my good sources on this story always thought this deal would deal would happen despite the public rejections from AstraZeneca and browbeating from British politicians...

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The dealmaker, the bank and the missing skyscraper

Friday, 16 May 2014, 8:22 pm

I'm not a huge fan of Canary Wharf (I used to work there when I first started on the The Daily Telegraph) but I have just stumbled across a rather interesting tale about the financial district and one of the banks based there. ..

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Sunday review

Sunday, 11 May 2014, 7:26 pm

I'm surprised to see none of the rumours about Pfizer launching a hostile bid for AstraZeneca end up in the Sunday newspapers today...

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More Weir Group gossip

Saturday, 10 May 2014, 1:05 am

Sorry for the lack of posts in the last couple of days. I have been busy scurrying around in the undergrowth (mainly pubs in City of London and Mayfair hotel bars) trying to dig up some jackanories for loyal Betaville readers. ..

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Another day, another multibillion dollar pharma deal - part 2

Tuesday, 6 May 2014, 8:13 pm

Is Hikma Pharmaceuticals the next takeover target in the pharmaceutical sector?

The boys over The Motley Fool certainly seem to think so.

Here is a link to a piece they published this morning outlining why Hikma might be of interest to Mylan, which recently tried to buy Sweden's Meda:..

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Update to Whirlpool/Indesit story

Monday, 5 May 2014, 11:03 pm

Interesting to see Italian newspaper Il Sole 24 Ore report today that Whirlpool is one of the front runners to buy a stake in Indesit, the home appliances company that sponsors Arsenal Football Club...

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Not another Metso story!

Wednesday, 30 April 2014, 11:58 pm

Here's an interesting snippet I recently picked up about Weir Group's attempt to "merge" with Finnish company Metso.

Good sources have told me the maximum price Weir Group is willing to pay for Metso is EURO 28 a share.

When Weir Group revealed the details of its £8.5 billion all-share takeover proposal earlier this month the FTSE 100 company said it had offered 0.8400 shares for every Metso share, which back then worked out at EURO 25.70 a share...

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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].