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.

Aussie lawyers Slater & Gordon in exclusive talks to buy Quindell's legal services division - part 2

Thursday, 22 January 2015, 7:24 pm

So, here are some of the (eye-popping) numbers being talked about for Slater & Gordon's purchase of Quindell's legal services division.

To start with, when talks first began I am told by sources that Slater & Gordon said it will pay a non-refundable £15 million to enter into exclusive discussions with Quindell.

Since then, the Australian law firm has been crawling over of Quindell's legal services (QLS) business, doing due diligence...

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Aussie lawyers Slater & Gordon in exclusive talks to buy Quindell's legal services division

Thursday, 22 January 2015, 3:53 am

Here is a juicy jackanory - top sources inform me that listed Australian law firm Slater & Gordon is in exclusive discussions to buy Quindell's legal services division.

I understand Slater & Gordon, one of the first law firms to go public, has been working with advisers from Greenhill on the purchase of QLS.

Codex, an advisory boutique, is one of the firms working for Quindell's board, according to my sources...

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A remarkable coincidence

Wednesday, 21 January 2015, 9:02 pm

I see Reuters is reporting US pharmaceutical company Salix has hired bankers from Centreview Partners to look at strategic options. Here is a link:..

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Volatile Afren - part 2

Friday, 16 January 2015, 6:31 pm

ZhenHua Oil. That is the name of the "mystery" Chinese company I referred to in yesterday's blog post, according to my reliable sources...

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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...

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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...

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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).

..

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