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.

Top of the market - the series returns - part 4

Friday, 17 February 2017, 1:15 pm

Take a bow Bryce Elder, stock market reporter over at the Financial Times. The intrepid hack has just landed the M&A scoop of the year, decade or, perhaps, century with his tale this morning about Kraft Heinz's £100 billion plus takeover approach for Unilever. If you follow M&A, I'm sure you have seen the statements.

I suspect rival hacks, such as the Kleinmanator of Sky News or team Bloomborg, will have trouble topping that one. Good luck to them...


Today on ITV - part 3

Wednesday, 15 February 2017, 11:30 am

The chaps and chapettes at FT Alphaville appear to be running behind schedule this week so I thought I should step in and fill the void.

I guess one event the market will be scrutinising will be Liberty Global's full-year results, which I'm told by people familiar with the matter will be unveiled this evening in the US...


Back on Tip TV talking about William Hill, Stada, Cynosure and Zeltiq Aesthetics - part 2

Monday, 13 February 2017, 2:57 pm

No sooner had I posted the link to this morning's Tip TV session with Zak Mir than Allergan announced a $2.5 billion deal to buy Zeltiq Aesthetics!

Now, regular followers of my work will recall that, as well as today, I mentioned body sculpting company Zeltiq Aesthetics as a potential takeover target on Tip TV a few weeks ago. Here is the link:..


Fancy that - former FTSE 100-listed mining giant chalks up ANOTHER win against lawyers in court

Friday, 10 February 2017, 3:42 pm

Trade publications really are having a good week on the story front this week.

Indeed, today legal publication The Lawyer landed a rather intriguing tale about how a British High Court judge has thrown into question the legitimacy of a £16 million bill charged to Eurasian Natural Resources Corporation by Decherts, the law firm that counts the former deputy prime minister's wife as a partner...


Flag pole alert - the series returns - part 6

Friday, 10 February 2017, 7:01 am

I realise this is a bit a late in the day but a loyal reader has got in touch with an interesting nugget from Japan Tobacco's results earlier this week.

Tucked away on page 6 of Japan Tobacco's investor presentation is an intriguing line about how is looking to "expand geographically notably through acquisitions". Here is a link to Japan Tobacco's investor presentation in case you haven't read it:..


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:..


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:..


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/ ..


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...


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?..


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:..


[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].