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.

SMBC rumoured to be weighing £2 billion Porterbrook takeover

Saturday, 5 July 2014, 3:44 am

Evening Betavillers - here's a little tale for you to ruminate on over the weekend.

I hear one of Japan's biggest financial institutions may be weighing a £2 billion plus takeover bid for rolling stock giant Porterbrook.

My banking sources have heard (unconfirmed) rumours that Sumitomo Mitsui Banking Corporation (SMBC) is keen on buying Porterbrook, which has been put up for sale by its shareholders. SMBC declined to comment...

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Bank of America Merrill Lynch returns with another bear hug

Wednesday, 2 July 2014, 6:55 pm

Hat tip to Bryce Elder, the stock market reporter over at the Financial Times, for landing the best M&A story of the morning and who looks to be on a bit of deals story winning streak (remember last week Bryce broke the story about the Dialog and AMS merger - time for a pay rise, Ed?)...

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ING insurance float finally lifts off

Wednesday, 2 July 2014, 3:00 am

I see reports are emerging that Dutch financial services giant ING is on the verge of listing its insurance arm in what should be one of the biggest IPO's of the year...

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A German Orange

Thursday, 12 June 2014, 9:59 am

Does anybody else find it a bit odd that today's media coverage of the failed merger talks between Orange and Bouygues Telecom pretty much all fail to mention the bigger industry tale that has been rattling around European markets all week - the talk of a EURO 90 billion merger between Deutsche Telekom and Orange...

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A wrinkle on today's BHP Billiton story in the FT

Wednesday, 11 June 2014, 4:24 pm

Good story from James Wilson over at the Financial Times today on the front page of the newspaper's Companies and Markets section. James reports BHP Billiton is looking offload all of the assets that Billiton brought to the mining giant from the historic merger of both companies in 2001...

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Fortress looks to finally get out of Gagfah

Monday, 9 June 2014, 5:51 pm

It's just hit the tape that US private equity and hedge fund manager Fortress is placing its 27pc stake in German property company Gagfah. Deutsche Bank is doing the placing for Fortress, which bought Gagfah in 2004 for £2 billion...

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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].