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.

A New Year's question: will Michael Kors strike a deal in 2017? - part 2

Wednesday, 8 February 2017, 7:08 am

Shares in Michael Kors took a pasting yesterday - falling about 10pc - after the US fashion brand cuts its profits and sales forecasts.

So, readers might be wondering what has happened since I posited a question on New Year's eve about whether Michael Kors will strike a deal in 2017? In case you don't remember, here is a link to the piece I wrote on New Year's eve while markets were closed:..

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William Hill shenanigans - part 3

Wednesday, 8 February 2017, 6:47 am

There is a piece of Deutsche bank research floating out there in the market speculating about the possibility of a fresh takeover bid for William Hill, the listed bookmaker.

Now, readers might recall I broke the story about 888 and Rank coming together to instigate a three-way merger with William Hill in The Sunday Times last summer. In case you don't recall here is a link to that piece:..

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Revealed: Heineken / Patron consortium said to have swept market for Punch Taverns stock as part of market raid - sources - part 2

Monday, 6 February 2017, 5:09 pm

I see Heineken this morning confirmed my Friday scoop about the market sweep the beer giant and its private equity partner carried out. In case you missed it, here is a link to today's confirmation:

http://www.investegate.co.uk/punch-taverns-plc--pub-/rns/holding-s--in-company/201702060959491022W/ ..

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Revealed: Heineken / Patron consortium said to have swept market for Punch Taverns stock as part of market raid - sources

Friday, 3 February 2017, 4:33 pm

Patron Capital and Heneiken have been carrying out a secret raid for Punch Taverns shares, Betaville can reveal.

Good sources tell me the private equity firm and Heneiken have been buying Punch shares via stockbroker Peel Hunt during today's trading session.

So far, roughly 55 million Punch shares - or 25pc - have traded today, meaning the consortium is likely to have bought around 20pc...

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The dealmaker, the bank and the missing skyscraper series returns - Credit Suisse hires one of London's top QCs as defence barrister ahead of trial

Friday, 3 February 2017, 3:15 pm

Remember the tale little old Betaville broke a couple of years ago about how investors are chasing Thomas Ryan, a mystery Irish property developer, and (ex) Credit Suisse private banker Hans-Olav Eldring in the commercial courts in London after the pair of scallywags concocted a scheme to build a £1 billion residential tower in Canary Wharf that eventually vanished into thin air?..

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Reuben Brothers approached about backing Emerald Investment Partners' rival Punch bid - sources - part 2

Thursday, 2 February 2017, 6:47 pm

Combing through my copy of The Times this morning I noticed Dom Walsh's story on Punch Taverns corroberated little old Betaville's piece from a few weeks ago about how Alan McIntosh's Emerald consortium had approached the billionaire Reuben brothers to back his consortium bid for the pub company.

Here is a link to the piece in The Times:..

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Fake denials - part 2

Tuesday, 31 January 2017, 2:59 pm

I got a bit caught up yesterday afternoon but I did want to reflect on what appears to be another example of a blatant "fake denial", which seem to be becoming increasingly prominent these days.

Last summer hacks at CNBC TV 18 landed a brilliant "exclusive" about how Aditya Birla / Idea Cellular and Vodafone were in the early stages of exploring a combination of their Indian operations. Here is the link:..

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0 comments | Tags: betaville, vodafone, Idea Cellular

FT airs Axa and Generali merger rumours...-part 3

Thursday, 26 January 2017, 5:44 pm

Perhaps the FT's Axa / Generali merger rumours were just a load of hot air after all?

Yesterday, Reuters reported that Axa's CEO is "not interested in Generali" although if you read the story carefully the chief executive doesn't quite say what the headline claims.

Anyway, I will let readers decide what they think by providing a link to the Reuters piece below:..

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0 comments | Tags: betaville, Financial Times, AXA, Generali

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...

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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...

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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].