The foreign exchange broker, the, er, that's it...
Tuesday, 24 November 2020, 8:11 pm
Hat tip to Michael O'Dwyer of The Daily Telegraph, who appears to have dug out a rather interesting tale about a foreign exchange broker. Below is the link:
A cheeky website about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. If you have a tip, want to discuss a story or have a subscription enquiry please feel free to email Betaville at [email protected]. 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.
UNCOOKED ALERT: Boohoo Group said to .....
Tuesday, 24 November 2020, 1:35 pm
Ackman in the running for FTSE 100 promotion, again - Part 3
Tuesday, 24 November 2020, 1:02 pm
Here we go again: Bill "baby-face" Ackman's Pershing Square Holdings is being tipped by brokers as the likely candidate to be promoted to the blue-chip index at the reshuffle next week.
Remember, though, we have been here before. Last quarter dealers predicted Pershing Square Holdings was heading into the FTSE 100 only to miss out at the last minute thanks to some weird re-calculating by FTSE Russell...
BT Group in talks with Macquarie and others about selling stake in Openreach, reports FT - Part 5
Friday, 20 November 2020, 9:04 pm
Hat tip to Alex Ralph. The hard working hack on The Times busness section dug up a rather good line in today's newspaper about how Philip Jansen, BT Group's newish chief executive, is now open to selling a stake in Openreach (whose valuation is £20 billion, by the way). Below is a link to Alex Ralph's story:..
Tags: BT Group
UNCOOKED ALERT: ExxonMobil Corporation said to .....
Friday, 20 November 2020, 7:17 pm
RARE ALERT: U-blox said to ... - Part 2
Friday, 20 November 2020, 6:03 pm
Voila: U-blox and Telit Communications have confirmed Betaville's RARE ALERT from yesterday afternoon.
Below are links to their respective confirmations:
Tags: U-blox, Telit Communications
UNCOOKED ALERT: Diamondback Energy said to .....
Thursday, 19 November 2020, 7:29 pm
RARE ALERT: U-blox Holding AG said to ...
Thursday, 19 November 2020, 2:30 pm
U-blox Holding AG, the Switzerland-listed wireless semiconductor company, is circling Telit Communications with a view to merging with the Aim-listed 'internet of things' designer.
People following the situation have heard rumours U-blox is interested in all-share merger with Telit and may have already approached the Aim-listed company with a proposal about a combination of the two businesses...
Tags: U-blox
UNCOOKED ALERT: Codemasters Group Holdings PLC said to ... - Part 3
Thursday, 19 November 2020, 8:08 am
Last night Ubisoft Entertainment issued a EURO 600 million bond.
Why?
Well, it's not entirely clear but one of Betaville's favourite snouts pointed out that in the bond documentation that the French gaming giant said "the net proceeds of the bond will be used for general corporate purposes as well as potential future acquisitions"...
Deals deals deals ...in a bear market - Part 11
Thursday, 19 November 2020, 7:50 am
Another day, another multi-billion pound deal announced during this public health crisis, with RSA formally recommending a £7.2 billion offer from Canada's Intact and Denmark's Tryg...
Tech entrepreneur unveils multi-million pound stake in ailing M&C Saatchi - Part 4
Wednesday, 18 November 2020, 6:22 pm
Oh dear: ailing advertising agency M&C Saatchi has just attempted to sneak out a press release announcing the departure of its entire senior management team, including chief executive David Kershaw. Below is the link to the press release:
https://www.investegate.co.uk/m--38-c-saatchi-plc--saa-/rns/directorate-change/202011181801077943F/..
Tags: M&C Saatchi
UNCOOKED ALERT: Eldorado Gold Corporation said to ..
Wednesday, 18 November 2020, 3:32 pm
Deals deals deals ...in a bear market - Part 10
Tuesday, 17 November 2020, 6:51 pm
The FT's brilliant deals team presents more evidence that dealmaking is continuing at a brisk pace despite the pandemic in a lengthy piece quoting top bankers and lawyers...
RARE ALERT: Royal KPN NV said to ... - Part 4..
Monday, 16 November 2020, 3:58 pm
Peel Hunt on M&A... - Part 2
Friday, 13 November 2020, 9:09 pm
Perhaps I was being a bit of tease by asking readers to get in touch with Peel Hunt about their UK mid-cap takeover tips note.
So, I have listed below the companies Peel Hunt reckons could become bid targets over the coming weeks and months...
Tags: Peel Hunt
Peel Hunt on M&A...
Friday, 13 November 2020, 9:54 am
Ping! Another email arrives from the well spoken chaps at London-based stockbroker Peel Hunt.
And the firm is very bullish about the prospect of more takeover deals, especially for UK-listed mid cap stocks.
Charles Hall, Peel Hunt's excellent head of research, writes:..
Tags: Peel Hunt
Cash calls - who is next? - Part 20
Thursday, 12 November 2020, 6:27 pm
Scribblers at Goldman Sachs managed to generate some decent publicity for themselves yesterday by talking up (or is it puffing up) British Airways owner International Consolidated Airlines Group.
As a result, the shares flew (no pun intended) and some market reporters, such as Tom Howard of The Times, led their reports with the broker's bullish predictions about IAG's prospects...
Cash calls - who is next? - Part 19
Wednesday, 11 November 2020, 7:10 am
Perhaps Betaville was being too optimistic (or, er, pessimistic) by predicting the next wave of cash calls from companies that have already tapped equity investors for capital will take place in early 2021.
In fact, it appears some businesses that have already raised funds from the equity market, such as cruise operator Carnival, are hitting the road again and asking investors for fresh funds...
RARE ALERT: Telit Communications said to ... - Part 15
Tuesday, 10 November 2020, 8:04 pm
Another day, another stakebuild in Telit Communications by the mysterious DBay Advisors.
Today DBay, which has already submitted a takeover approach for the whole company, said it now owns 15.37pc of the 'internet of things' provider. Below is the link to today's announcement:..
UNCOOKED ALERT: Pluralsight, Inc said to ...
Tuesday, 10 November 2020, 6:57 pm
Pluralsight Inc, the US-listed online technology training company, is at the centre of takeover speculation.
People following the situation have heard rumours a private equity firm may be interested in purchasing Pluralsight, which sells video training courses for software developers, IT administrators and creative professionals...
Tags: Pluralsight
[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].