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.

Now this is a surprise - Rob Terry buys massive stake in Daniel Stewart - part 5

Thursday, 18 June 2015, 2:28 am

Readers might recall that Daniel Stewart, the well-known City stockbroker, said yesterday it didn't know what was behind the recent share price gain of almost 50pc in the last week.

However, I have just picked up on the grapevine that Rob Terry - the former boss of Quindell and now one of Daniel Stewart's largest shareholders - was seen at the stockbroker's offices yesterday, having a meeting with chairman Peter Shea.

So, 2 + 2 = 4? Or 2 + 2 = 5?..

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What's on the radar? - part 2

Wednesday, 17 June 2015, 6:16 pm

Insurer Axis Capital Holdings was in demand during yesterday's trading session in the US.

Axis's shares jumped as much as 6pc before settling a bit to close 4pc higher at around $57.

The talk in the market is Adam McNestrie over at top trade rag The Insurance Insider is onto something with his multiple stories about Arch Capital Group's interest in purchasing Axis, whose market capitalisation currently stands at just under $6 billion...

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What's on the radar?

Monday, 15 June 2015, 2:26 pm

Smith & Nephew, for a start.

Why? Because there is a growing expectation the US Federal Trade Commission will soon (possibly as early as this week) make up its mind on whether it will give the green light to Zimmer's purchase of rival Biomet for $13.4 billion.

Here is a link to Wall Street Journal article on the topic:..

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A Quindell update...

Friday, 12 June 2015, 5:10 pm

It's been a while since I have written anything on Quindell so I thought I would put together a piece for loyal Betaville readers and followers of the company. ..

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Equity research

Thursday, 11 June 2015, 7:04 pm

I see bankers at Bank of America Merrill Lynch were involved in helping the British government place some of its stake in the Royal Mail last night, raising around £750 million for taxpayers...

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RARE ALERT: Sonova Holding AG said to be working with M&A bankers to examine 'strategic options'; could lead to sale

Friday, 29 May 2015, 10:36 pm

In case you hadn't noticed, there is a pharmaceutical/healthcare dealmaking frenzy at the moment.

And the latest tale doing the rounds is about a Swiss hearing aid manufacturer Sonova, whose market capitalisation currently stands at CHF 10 billion (circa £7 billion).

According to my people with the info, Sonova has started working M&A bankers JP Morgan on a 'strategic review', which may lead to a sale of the company. ..

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de-RARED: Microsoft said to be in the early stages of examining multi-billion dollar takeover bid for BlackBerry - part 3

Wednesday, 27 May 2015, 2:30 am

I have decided to "de-RARE" or rather remove the RARE tag from my Microsoft/BlackBerry story/series after speaking to a few more decent sources about the tale.

Don't, however, get too excited. I still believe Microsoft is in the "early stages" of looking at BlackBerry with its bankers at Deutsche Bank and Goldman Sachs.

For readers that don't understand what RARE is, here is the definition:..

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Weekend review

Sunday, 24 May 2015, 8:10 am

It's always good to see little old Betaville's stories backed up by prestigious national newspapers.

Regular readers might be aware that a couple of weeks ago I wrote a piece about how FTSE 100-listed insurer Legal & General had hired specialist advisory firm Campbell Lutyens to divest its private equity arm, LGV Capital, and the buy-out group's stakes in portfolio companies, such as Snow + Rock.

Here is a link to my story:..

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[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].