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 dealmaker, the bank and the missing skyscraper series returns, again...

Monday, 27 February 2017, 8:03 am

Remember the tales of plans to build a £1 billion residential skycraper in Canary Wharf?

Well, yesterday The Sunday Times published the latest twist to the story on the front page of its business section. Here is the link in case you missed yesterday's piece:

http://www.thetimes.co.uk/article/skyscraper-tycoons-held-g09ztsrzx..

Read more...

Premier Oil convertible bond investors "unhappy" with $2.8 billion debt deal terms; threaten to scupper refinancing - sources

Friday, 24 February 2017, 3:49 pm

Premier Oil put out this rather odd statement - http://www.investegate.co.uk/Index.aspx?searchtype=2&words=Premier+Oil - this afternoon after its shares tanked over the last few days.

Clearly, the market was starting to worry about the completion of the long awaited and somewhat painstaking $2.8 billion debt refinancing deal Premier has been trying to do over the last twelve months...

Read more...

Mergermarket Group said to be close to Infinata sale - sources

Friday, 24 February 2017, 2:19 pm

Here's an interesting little story about a big financial publishing company that gave me one of my first jobs in financial journalism.

I hear the Mergermarket Group - publisher of dealmakers' favourite publications, such as online news services Mergermarket, Dealreporter and Debtwire - is on the verge of selling its life sciences division, Infinata, for up to $20 million...

Read more...

Tick Tock

Wednesday, 22 February 2017, 6:51 pm

Two days on and the upper echelons of the financial media world are still picking over the carcass of the failed Kraft Heinz / 3G / Warren Buffett / Unilever deal.

Probably the best newspaper piece out there is the "tick tock" by Arash Massoudi and James Fontanella-Kahn in today's Financial Times. Here is the link in case you haven't read it:..

Read more...

Betaville Intelligence

Centaur Media said to be in talks about a sale of Homebuilding and Renovation division to private equity firms - sources

Tuesday, 21 February 2017, 2:31 pm

Centaur Media PLC, publisher of Marketing Week, is said to be weighing a sale of its Homebuilding and Renovation division.

According to sources close to the situation, London-listed Centaur Media has offered buy-out firms the opportunity to express an interest in purchasing Homebuilding and Renovation, which consists of a magazine and an event...

Read more...

Deal fees...

Tuesday, 21 February 2017, 9:12 am

I see the lead item in today's Daily Mail city diary is about how leading investment banks missed out on a massive fee bonanza after the Kraft Heinz's $143 billion takeover approach for Unilever collapsed...

Read more...

0 comments | Tags: betaville, Daily Mail

Top of the market - the series returns - part 4

Friday, 17 February 2017, 1:15 pm

Take a bow Bryce Elder, stock market reporter over at the Financial Times. The intrepid hack has just landed the M&A scoop of the year, decade or, perhaps, century with his tale this morning about Kraft Heinz's £100 billion plus takeover approach for Unilever. If you follow M&A, I'm sure you have seen the statements.

I suspect rival hacks, such as the Kleinmanator of Sky News or team Bloomborg, will have trouble topping that one. Good luck to them...

Read more...

Today on ITV - part 3

Wednesday, 15 February 2017, 11:30 am

The chaps and chapettes at FT Alphaville appear to be running behind schedule this week so I thought I should step in and fill the void.

I guess one event the market will be scrutinising will be Liberty Global's full-year results, which I'm told by people familiar with the matter will be unveiled this evening in the US...

Read more...

0 comments | Tags: betaville, ITV, Liberty Global, Jon Malone

Back on Tip TV talking about William Hill, Stada, Cynosure and Zeltiq Aesthetics - part 2

Monday, 13 February 2017, 2:57 pm

No sooner had I posted the link to this morning's Tip TV session with Zak Mir than Allergan announced a $2.5 billion deal to buy Zeltiq Aesthetics!

Now, regular followers of my work will recall that, as well as today, I mentioned body sculpting company Zeltiq Aesthetics as a potential takeover target on Tip TV a few weeks ago. Here is the link:..

Read more...

0 comments | Tags: betaville, Zeltiq Aesthetics, Cynosure

Fancy that - former FTSE 100-listed mining giant chalks up ANOTHER win against lawyers in court

Friday, 10 February 2017, 3:42 pm

Trade publications really are having a good week on the story front this week.

Indeed, today legal publication The Lawyer landed a rather intriguing tale about how a British High Court judge has thrown into question the legitimacy of a £16 million bill charged to Eurasian Natural Resources Corporation by Decherts, the law firm that counts the former deputy prime minister's wife as a partner...

Read more...

0 comments | Tags: betaville, ERG, ENRC, FTSE 100

Flag pole alert - the series returns - part 6

Friday, 10 February 2017, 7:01 am

I realise this is a bit a late in the day but a loyal reader has got in touch with an interesting nugget from Japan Tobacco's results earlier this week.

Tucked away on page 6 of Japan Tobacco's investor presentation is an intriguing line about how is looking to "expand geographically notably through acquisitions". Here is a link to Japan Tobacco's investor presentation in case you haven't read it:..

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].