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. Betaville can also be reached at Whats App, Signal or Telegram. Betaville's Twitter handle is @bharringtonw11 and you can message me via Twitter with stories.

A digital (Actelion) "scoop" dissected - part 3

Thursday, 26 January 2017, 9:26 am

Johnson & Johnson has finally announced its $30 billion takeover bid for Swiss pharmaceutical company Actelion.

As a result, the Bloomberg clan are out in force this morning on Twitter reminding the business world about how the financial media organisation late last year "broke" the story about Johnson & Johnson's multi-billion dollar takeover approach for Actelion...

Read more...

Flag pole alert - the series returns - part 5

Tuesday, 24 January 2017, 10:08 am

The scribblers over at French broker Exane BNP Paribas were pushing the Japan Tobacco for Imperial Brands line hard this morning although I have still not unearthed any new facts (it's called journalism) that might substantiate their theory.

Obviously, I will let loyal readers know when I do but for the time being I have pasted Exane's note below...

Read more...

Saturday review

Saturday, 21 January 2017, 10:36 am

Clearly today's newspapers are dominated by you know who.

However, there was one story in The Daily Telegraph's business section that caught my eye: Ashley Armstrong's piece on how Ranjit Boparan, the entrepreneur known as "The Chicken King", has received a takeover approach for Party Ring, the maker of Fox's Biscuits, from a mystery suitor...

Read more...

Fake denials

Thursday, 19 January 2017, 11:35 pm

A lot has been written about "fake news" over the last month so but how about ruminating on the growing amount of duff - or perhaps we should call them "fake" - denials.

Today, for example, French aerospace company Safran announced it is buying rival Zodiac Aerospace for EURO 8.5 billion...

Read more...

Today on ITV - part 2

Wednesday, 18 January 2017, 10:01 am

So, here is that curious piece of gossip about ITV I mentioned was I looking into earler in the week. However, to be up front and clear, this gossip really is RARE!

I have been told that back in early December a boutique broker called LionTree organised a big dinner in Denver, USA for a bunch of institutional investors that wanted to meet Liberty Global's management team, including chief executive Mike Fries...

Read more...

Tags: betaville, ITV

Emerald Investment Group in talks with C&C Group over Punch counter bid, according to The Times

Tuesday, 17 January 2017, 9:42 am

Dom Walsh, one of the best leisure reporters knocking about the UK national newspaper scence, had an intriguing line in his diary column in today's The Times about how Alan McIntosh's consortium hasn't given up on Punch is in talks with C&C Group, maker of Magners, to launch a joint rival bid for the pub company...

Read more...

Top of the market? - the series returns...-part 3

Thursday, 12 January 2017, 11:52 pm

Regular readers will be aware that I have recently re-introduced the "top of the market?" series since the FTSE 100 index started to flirt with fresh all-time highs.

However, little old Betaville likes to give respected commentators with a completely different pespective an opportunity to air their views to provoke thought and debate among readers...

Read more...

Betaville backs British newspapers' call for repeal of Section 40 Crime and Courts Act

Wednesday, 11 January 2017, 9:48 am

Last year little old Betaville received its first threatening legal letter from a top City law firm, so I know what it's like to face a bully trying to suppress a good tale.

In fact, as a staff business journalist at The Daily Telegraph during the mid-noughties I received numerous legal warning letters and also one threat to injuct the whole newspaper (a potential disaster for a national publication)...

Read more...

Reuben Brothers approached about backing Emerald Investment Partners' rival Punch bid - sources

Monday, 9 January 2017, 6:39 pm

Britain's richest brothers, the Reuben Brothers, have held talks about backing Emerald Investment Partners' potential bid for pub operator Punch Taverns.

According to well-placed sources, Emerald has approached the billionaire Reuben Brothers about providing financial backing for its £400 million plus bid for Punch...

Read more...

Oak Furniture Land hires PricewaterhouseCoopers to review "strategic options" - sources

Friday, 6 January 2017, 3:00 pm

One of Britain's largest specialist furniture retailers could be about to sell a stake in the company as part of a deal that would value the business at around £400 million.

Betaville understands Oak Furniture Land has appointed advisers from PricewaterhouseCoopers to carry out a "strategic review", which may lead to a sale of a minority or majority stake in the business...

Read more...

Tags: betaville

[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].