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.

Catlin snippet

Tuesday, 13 January 2015, 8:43 pm

Here is an interesting snippet on XL Group's £2.7 billion takeover of Lloyd's of London insurer Catlin...

Read more...

Stitch up

Sunday, 11 January 2015, 1:42 am

Hat tip to Harriet Agnew for producing a highly amusing "City insider" column in yesterday's Financial Times...

Read more...

Damp squib?

Saturday, 10 January 2015, 1:42 am

If Elliott Advisers voted against today's Scheme of Arrangement to take Prezzo private, then it looks like the American hedge fund lost out by a small margin.

According to today's press release, just over 20pc of Prezzo shareholders voted against the Scheme (typically, you need 75pc approval from shareholders).

..

Read more...

Elliott raises Prezzo stake to almost 14.5pc - yikes!

Wednesday, 7 January 2015, 5:03 am

I think the Prezzo shareholder vote scheduled for this Friday at Olswang's offices is about to get rather fruity. Secretive hedge fund group Elliott Advisers has just now declared it owns a stake of almost 14.5pc in Prezzo and word is the fund was trying to gobble up more stock in the market today. Here is a link to Elliot's declaration:..

Read more...

Predictions, predictions and predictions

Monday, 5 January 2015, 2:54 am

It's that time of the year when commentators, analysts and hacks like to make predictions. But there have already been so many articles in the last few days about what might happen in 2015 that I'm not sure I'm going to be able to add much more to what has been already speculated...

Read more...

The top FTSE 100 performer in 2014 is...

Wednesday, 31 December 2014, 1:17 am

Dixons Carphone!

According to Thomson Reuters, the electrical goods retailer has risen by about 70pc this year and is on course to finish 2014 as the top performing FTSE 100 stock.

I am rather pleased about Dixons Carphone topping the 2014 leaderboard as it was little old Betaville that broke the story back in February about Carphone Warehouse holding merger talks with Dixons Retail. In case you have forgotten, here is a link to that story:..

Read more...

[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].