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.

Freshfields on dealmaking via Harvard, Hammond and Twitter...

Thursday, 1 February 2024, 10:31 am

Twitter can be a pretty horrendous place these days.

But you can still find the odd nugget of something interesting or useful among the whingeing, rowing and sometimes, quite frankly, harrowing images.

It takes, though, a certain type of person to know how to find and present that interesting or useful piece of information on Twitter and I'm not just talking about little old Betaville...

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Jollyes owner said to be working with bankers on potential multi-million pound sale - sources - Part 2

Tuesday, 30 January 2024, 7:14 pm

Rivals at Debtwire and Mergermarket have picked up on little old Betaville's scoopette about the potential £100 million sale of British pet food retailer Jollyes.

According Debtwire's Josh O'Neil, the private equity owners of supermarket giant Asda, TDR Capital, have been in exclusive talks with Jollyes owner Kester Capital about a takeover of the business...

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Betaville Intelligence

UNCOOKED ALERT: MorphoSys AG said to ...

Friday, 26 January 2024, 4:04 pm

MorphoSys AG, the Germany and US listed biopharmaceutical company, is at the centre of takeover talk.

People following the situation have heard rumours MorphoSys AG has been working with investment banking advisers after receiving takeover interest.

The interest in MorphoSys is said to have come from three large pharmaceutical firms, said people following the situation...

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Bears maul Svenska Cellulosa SCA...

Thursday, 25 January 2024, 3:25 pm

Bears are coming out of the woods despite the ongoing equity market rally.

And it's another Sweden-listed company that is on the receiving end of a mauling from Viceroy Reseach, the activist short seller led by Fraser Perring.

As usual, the note from Viceroy about Svenska Cellulosa AB SCA, a timber, pulp and paper manufacturer, is a little bit too fruity to be aired on these pixels so I have pasted the link below...

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Betaville Intelligence

UNCOOKED ALERT: Minerals Technologies said to ... - Part 9

Thursday, 25 January 2024, 12:54 pm

Amy-Jo Crowley's overnight scoop about KPS Capital's unrequited interest in Elementis has riled up one of the London-listed chemical company's largest shareholders somewhat.

Steve Raineri and Chris Meeker, portfolio managers at Franklin Mutual Advisers, have been pushing for the board of Elementis to carry out a strategic review since late last year...

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Betaville Intelligence

UNCOOKED ALERT: eEnergy said to ... - Part 2

Monday, 22 January 2024, 11:47 am

eEnergy, the London-listed listed net zero digital services provider, this morning announced it has sold its energy management division for £29.1 million, thereby confirming one aspect of little old Betaville's UNCOOKED alert from December 2023.

I have pasted the link below to this morning's announcement and the link to December's UNCOOKED Alert:..

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Tags: eEnergy
Betaville Intelligence

UNCOOKED ALERT: La Francaise des Jeux SA said to ... - Part 2

Sunday, 21 January 2024, 9:30 pm

I see France-listed gaming operator La Francaise des Jeux has finally confirmed little old Betaville's UNCOOKED Alert from last year about its interest in purchasing Nordic gaming group Kindred.

In case you don't recall, little old Betaville revealed back in August La Francaise des Jeux was plotting a takeover bid for Kindred. Below is the link to that piece:..

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ABRDN Property Income Trust and Custodian Property Income REIT in £538 million all share "merger"

Friday, 19 January 2024, 7:38 am

Consolidation among London-listed REITs continues.

This morning Custodian Property Income REIT is acquiring ABRDN Property Income Trust for £237 million with its own stock, which is a premium of around 30pc.

It looks like Custodian Property Income REIT's shareholders will end up with the lion's share of the equity in the new company, so I'm not sure this really is a "merger" as billed in the announcement...

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Is the Irish billionaire beef baron building up a stake in Crest Nicholson?

Thursday, 18 January 2024, 6:56 pm

Little old Betaville isn't a great fan of headlines with a question mark in them.

But sometimes they serve a purpose, such as in this case about a mysterious stakebuilding taking place in London-listed housebuilder Crest Nicholson.

A loyal reader got in touch to point out that Jersey-based vehicle called Shanlis Investment Unlimited has quietly accumulated a 6pc shareholding in Crest Nicholson...

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The former Chancellor of the Exchequer, the boutique investment bank firm and, er, insert anything they are both involved with here... - the series returns - Part 6

Monday, 15 January 2024, 6:32 pm

Little old Betaville has been ruminating on the Genteel Hustler's excellent scoop in yeseterday's The Sunday Times about Redbird IMI hiring Robey Warshaw to get its takeover of The Daily Telegraph over the line with the British regulators. Below is a link to Genteel's (also known as the William Turvill) scoop in case you missed it:..

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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].