I got the opportunity to apologise to the charming Zak Mir for my irritability on the show a couple of weeks ago.
If your interested, click on the link below. Oh - and I also cover some of the stories from the weekend press and rumours doing the rounds on a Monday morning...
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Monday, 14 September 2015, 7:41 pm
It would appear the sale of Reed & Mackay, the corporate travel agent favoured by some of the City's most prestigious firms, has been called off.
I'm hearing from good sources ECI Partners, the private equity firm that owns Reed & Mackay, has pulled the auction after appointing bankers from NM Rothschild to run a sale process to raise £100 million.
Here are links to some of previous Betaville posts on the topic:..
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Saturday, 12 September 2015, 12:19 am
It sounds like the sale of Private Equity International, a publication favoured by many of the City's lawyers, bankers and buy-out executives, is moving towards completion...
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Thursday, 10 September 2015, 5:48 pm
London City Airport has already generated a fair degree of interest since it first emerged its owner Global Infrastructure Partners had put it up for sale for £2 billion a couple of months ago.
Indeed, it would appear three consortia have already emerged as likely bidders for the airport at the end of the Docklands Light Railway. Those consortia are:
1. A consortium comprising Canadian pension fund Borealis and Allianz, the German insurer...
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Thursday, 10 September 2015, 3:49 am
Enough is enough - it's time to start a "top of the market" series.
Why? Because there was another clear sign today (in my humble opinion) that UK is in the midst of a raging bull market, which normally means the economy is peaking (give or take eighteen months).
This afternoon US private equity giant KKR bought a 25pc stake in Marshall Wace, the hedge fund founded by Paul Marshall and Ian Wace. ..
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Tuesday, 8 September 2015, 9:24 pm
I'm glad to see Canadian pharma company Concordia Healthcare Group has finally confirmed my piece of juicy RARE from a few days ago with the announcement that it's spending $3.5 billion to buy Amdipharm Mercury from UK private equity firm Cinven...
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Tuesday, 8 September 2015, 5:55 pm
So - Mitsui Sumitomo has announced this morning a £3.5 billion cash takeover offer for FTSE 250 insurer Amlin. Here is the link:..
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Tuesday, 8 September 2015, 3:48 am
It looks like the Nikkei's purchase of the Financial Times is working out well for both news outfits when it comes to landing M&A scoops.
The Japanese paper has just broken the story that FTSE 250-listed Lloyd's of London insurer Amlin is about to get taken over by Mitsui Sumitomo, and as a result the Pink' un is the the first to report the news over here in Blighty.
In case you missed it, here is the link:..
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Monday, 7 September 2015, 10:21 pm
I might have been a bit irascible on Tip TV last week but Moose & Co invited me back for another session and I'm very grateful.
Here is a link to today's session:
http://www.tiptv.co.uk/finance/ma-outlook-reducing-debt-positions-key-for-both-glencore-and-tesco/..
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Friday, 4 September 2015, 8:37 pm
Nils Pratley over at The Guardian today states Shire's attempt to buy US rival Baxalta is the "dullest $30 billion bid battle in history". Here is a link to Nils's excellent column:..
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Friday, 4 September 2015, 7:15 pm
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Thursday, 3 September 2015, 5:37 pm
A juicy piece of RARE has just turned up.
I understand Canadian pharmaceutical company Concordia Healthcare Corp is closing in on a sizeable takeover deal.
Indeed, I have been told the Concordia transaction could be announced soon, possibly as early as the next few days...
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Wednesday, 2 September 2015, 10:19 pm
Here is a link to today's chat with Zak Mir about what's happening in the UK M&A market at the moment.
http://www.tiptv.co.uk/finance/ma-outlook-august-ma-high-and-set-to-continue/..
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Wednesday, 2 September 2015, 9:53 pm
Dom Walsh had an interesting take in the Bwin bid battle situation in this morning's The Times, with GVC suggesting it could go hostile should the board stick to its recommendation of a lower offer from 888 Holdings.
Here is a link to Dom's piece:
http://www.thetimes.co.uk/tto/business/industries/leisure/article4544820.ece..
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Tuesday, 1 September 2015, 8:58 pm
Great to see The Daily Telegraph's Alex Masterley cartoon back from holiday and on cracking form - today's piece really did make me chuckle. Here is a link to his brilliant cartoon:..
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Tuesday, 1 September 2015, 6:11 pm
I can't claim to have been following the Bwin bid battle between 888 and GVC in too much detail since it began in earnest a few months ago.
But today it would appear the Bwin board is sticking by its recommendation of 888's offer despite having received a higher takeover proposal from GVC.
As a result, quite a few investors are scratching their heads, wondering why Bwin's board is sticking by its recommendation. Food for thought.....
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Friday, 28 August 2015, 1:27 am
It's been a while since I have had the opportunity to have a chat with my old friend Zak Mir, so if your interested in catching up on we had to say about dealmaking during the recent stockmarket rout click on the link below:
http://www.tiptv.co.uk/finance/ma-during-a-market-rout/..
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Wednesday, 26 August 2015, 11:44 pm
This latest global stockmarket rout seems to have had little impact on the booming M&A market, with Betfair announcing a £5 billion merger with Paddy Power this morning and Schlumberger striking a deal to purchase Cameron International in the US for $14.8 billion...
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Wednesday, 26 August 2015, 12:54 am
Bryce Elder's comments about Zurich's takeover of RSA aired on FT Alphaville's markets live this morning made me chuckle - he really is a witty writer (well, much more amusing than me, at least). ..
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