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.

Young(er) rivals edge out uberdealmakers Robey Warshaw in 2019

Friday, 3 January 2020, 4:50 pm

They have been feted as Britain's top rainmakers. Yes, that's Sir Simon Robey and Simon Warshaw. Ever since they left their respective megabanks (Morgan Stanley and UBS) in 2013 and set up Robey Warshaw much smoke has been blown up their respective bottoms about how brilliant they are at advising some of Britain's biggest companies on mergers & acquisitions...

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Fantasy M&A from the Telegraph: Apple to buy Land Rover, Melrose to buy Unilever and ....

Thursday, 2 January 2020, 10:46 am

Having worked as a financial hack for the last fifteen years I guess it wasn't too hard to predict there will be plenty of "prediction" pieces at this time of the year.

How else you do fill a newspaper, website or Bloomborg terminal during a news vacuum at the end/beginning of the year?

Perhaps the most bizarre prediction piece came from Matthew Lynn, a business columnist for The Daily Telegraph, my former employer...

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China's HNA Group said to rekindle $3 billion Swissport sale - sources - Part 2

Monday, 30 December 2019, 11:13 am

There may be some interest in Swissport after all.

Readers might recall that Betaville reported late last month China's embattled HNA Group is once again trying to offload Swissport, the airport cargo handling group, via bankers from NM Rothschild and boutique firm Benedetto Gartland & Company.

The heavily indebted Chinese conglomerate has tried to sell Swissport before but so far there have not really been any takers...

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The Genteel Hustler... - Part 2

Tuesday, 24 December 2019, 11:55 am

So farewell Genteel Hustler.

One of Britain's best young financial hacks, William Turvill, is leaving these shores for sunnier climes in Vancouver, Canada.

During his time on the Mail on Sunday's business section Turvill landed multiple scoops around the collapse and potential takeover British steel and was a deft interviewer of heavyweight businessmen, managing to elicit unique, insightful and, occasionally, highly amusing quotes...

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Muddy Waters mauls bid target NMC Health - Part 4

Monday, 23 December 2019, 12:52 pm

The vicious spat between notorious short seller Muddy Waters and FTSE 100-listed healthcare group NMC Health continues unabated.

This morning Carson Block's outfit pinged financial hacks with a fresh note. It starts off by saying:

"Muddy Waters Capital LLC believes that NMC Health’s response to our December 17, 2019 report was misleading, and outright false in certain portions. MW expects to comment more comprehensively on NMC going forward..."..

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Muddy Waters mauls bid target NMC Health - Part 2

Friday, 20 December 2019, 6:51 pm

Tucked away in the Evening Standard's City section is a suggestion that Carson Block's next target in 2020 might be FTSE 100-listed Rolls Royce.

Now, to be clear I have no clue who Muddy Waters plans to target next but the short seller does appear to be having a bit of field day with UK-listed stocks, such as NMC Health and Burford Capital...

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REVEALED: 3i said to weigh to £250 million sale of Aspen Pumps - Part 2

Wednesday, 18 December 2019, 10:14 am

Oh look - 3i has just confirmed Betaville's scoopette from last week about the private equity firm's plot to sell Aspen Pumps.

In the end rival buy-out firm Inflexion - led by dealmaker Simon Turner - snapped up the specialist pump manufacturer that designs, manufactures and distributes specialised mini pumps that remove condensate water from air conditioning and refrigeration systems...

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Muddy Waters mauls rumoured bid target NMC Health

Tuesday, 17 December 2019, 10:33 am

Are you are wondering why FTSE 100-listed NMC Health's shares are down 20pc this morning? Well, it's because notorious short seller Muddy Waters has just released its first note on the gulf-based healthcare company.

Now, I'm not going to repeat the allegations from Muddy Waters - which hit the headlines earlier this year with its allegations about Burford Capital - here but obviously Carson Block's outfit hasn't been particularly complimentary...

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Is the tide turning for Odey the Brexiteer? The series returns, again. - Part 2

Monday, 16 December 2019, 5:50 pm

Perhaps it isn't all bad news for Crispin Odey: his chum, British prime minister Boris Johnson, won a huge majority for the Tories on Friday.

That comes after Odey called on British business leaders to back Boris in an interview with yours truly for the Mail on Sunday's business section over the summer. Below is a link:..

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Betaville Intelligence

UNCOOKED ALERT: Quilter said to ...

Friday, 13 December 2019, 3:10 pm

Quilter, the FTSE 250-listed wealth manager, has come into focus amid talk it will likely soon see some major corporate activity.

Some people following the situation have heard rumours a mystery buyer is circling Quilter although the identity of the acquirer is not known.

Quilter was formerly known as Old Mutual Wealth Management before it was spun out of Old Mutual, the Anglo-South African financial services group, in 2018...

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Tags: Quilter
Betaville Intelligence

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

Thursday, 12 December 2019, 1:42 pm

Worldline's pursuit of Ingenico, the French payment terminals group, is likely to roll into the New Year but an agreed deal appears unlikely in the short term.

People following the situation said a Worldline merger with Ingenico is more likely to take place in 2020 after the latter rebuffed a EURO 120 approach from the former in the last quarter...

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Tags: Worldline

[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].