Hotel buzz - part 2
Wednesday, 29 April 2015, 12:33 pm
So, it would appear little old Betaville made the right call running the story about Starwood Hotels, Senator and InterContinental Hotels a couple of weeks ago.
Have a look at this:..
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.
The BP political conundrum
Tuesday, 28 April 2015, 7:16 pm
..Finally - Kier announces takeover of Mouchel
Tuesday, 28 April 2015, 3:44 pm
I'm glad to see that Kier Group has finally announced the £265 million takeover of Mouchel. Readers might recall that I broke the story late last year on Tip TV and Betaville - here is a link http://betaville123.blogspot.co.uk/2014/11/banks-edge-closer-to-400-million.html - that Kier Group was in talks to buy Mouchel for a decent chunk of change...
Back on Tip TV talking about Quindell, BP, BioMarin and Sky
Monday, 27 April 2015, 9:53 pm
Zak invited back onto Tip TV today. Here is a link to today's session:
Marlow cooks up another massive drugs deal
Monday, 27 April 2015, 9:25 pm
Ben Marlow's comment column in today's The Daily Telegraph caught my eye this morning. Not only is it a well written piece of prose but it also contains a story I myself had been chasing for the last month or so...
A Stemcor snippet - mystery US trade buyer swoops on steel trader - part 2
Friday, 24 April 2015, 2:27 am
Some of my lending sources have got back in touch regarding the Stemcor story I wrote earlier this week.
Word is this "mystery US trade buyer" (see my previous post) has offered more for Stemcor's UK steel trading operations than what Apollo, the US vulture fund, is proposing as part of a debt-for-equity swap.
Don't, though, get too excited. Apparently, the value breaks in the company's debt, which is estimated to be more than $1.3 billion...
A newspaper review on a Wednesday
Wednesday, 22 April 2015, 10:22 pm
There are plenty of great market tales knocking about in the mainstream press today...
A Stemcor snippet - mystery US trade buyer swoops on steel trader
Wednesday, 22 April 2015, 3:33 am
I picked up an interesting nugget on the Stemcor situation scurrying around in the undergrowth this afternoon...
Back on Tip TV talking about Royal Dutch Shell, BG Group, Anadarko, Pharma deals and Quindell
Monday, 20 April 2015, 9:39 pm
It's been a while since I was invited on Tip TV. Today Moose - aka Nick Batsford - very kindly asked me to come back onto the show. Here is a link to today's clip:
http://www.tiptv.co.uk/archives/update-on-the-latest-in-the-ma-market/..
A weekend review
Monday, 20 April 2015, 6:35 am
There were plenty of interesting business stories in the weekend newspapers this weekend but the ones that caught my eye were the tales involving Quindell, the controversial AIM-listed business...
Hotel buzz
Friday, 17 April 2015, 11:50 pm
Here is an interesting speculative piece from Bloomberg on Starwood Hotels:..
Now this is a surprise - Rob Terry buys massive stake in Daniel Stewart - part 3
Friday, 17 April 2015, 2:15 am
Wow - Daniel Stewart has just released a statement on the Regulatory News Service this evening telling the market Rob Terry, the founder and former chairman of Quindell, has asked the Financial Conduct Authority for permission to increase his stake in the stockbroker to above 10pc...
Burmese business
Thursday, 16 April 2015, 8:04 pm
Ping - an email arrives with the headline: "in the land of the internet virgins"...
Quelle surprise: Agnellis launch multi-billion dollar insurance/reinsurance takeover deal
Wednesday, 15 April 2015, 2:30 am
It would appear Exor - the Agnelli family trust - has bitten the bullet and moved on from buying a 20pc stake in Swiss Re...
Mega deals are back in vogue ... and so are the rows with British banks over mis-selling and Libor - part 2
Tuesday, 14 April 2015, 10:39 pm
I have a little update to my story last week on the ongoing row between Guardian Care Homes and Lloyds Banking Group. In case you don't recall, here is a link to last week's story:..
A Sunday review on a Tuesday
Tuesday, 14 April 2015, 6:23 pm
Sorry for the lack of posts Betavillers - I have been away for a few days...
A newspaper review on a, er ... Thursday - part 2
Sunday, 12 April 2015, 6:40 am
Mark Kleinman of Sky News is now reporting that International Paper has hired Deutsche Bank to mount a £6 billion bid for Irish paper and packaging group Smurfit Kappa. Here is a link to Kleinman's piece:..
Now this is a surprise - Rob Terry buys a massive stake in Daniel Stewart - part 2
Friday, 10 April 2015, 10:29 pm
Harriet Agnew, intrepid hackette over at the Financial Times, has come up with an compelling theory on why Rob Terry, founder and former chairman of Quindell, bought a 7.4pc stake in stockbroker Daniel Stewart last week.
If your interested in this rather bemusing situation, here is a link to Harriet's City Insider column:..
A newspaper review on a, er ... Thursday
Thursday, 9 April 2015, 9:02 pm
Unsurprisingly the Shell/BG Group £47 billion mega deal has dominated the front pages of the business press and, indeed, some of the main books (newsroom parlance for the front home news section of a journal). ..
Mega deals are back in vogue...and so are the rows with British banks over mis-selling and Libor
Thursday, 9 April 2015, 6:10 am
I realise today has been all about the return of the "mega deal" - see Shell's £47 billion purchase of BG Group or Mylan's $30 billion takeover offer for Perrigo - but I also noticed that a fresh legal claim against Lloyds Banking Group appears to be getting significant traction in the mainstream press...
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