Does anybody else think yesterday's business splash in the The Sunday Telegraph about the Public Investment Fund accumulating a sizeable shareholding in BT Group is connected to the FT's scoop last month about Macquarie holding talks with the FTSE 100-listed telecoms giant about buying a stake in Openreach?..
Poor Crispin Odey - his flagship Odey European Fund is back at the top of HSBC's loserboard.
According the bank's hedge weekly review, charming Crispin is down 22pc as of the middle of November, leaving him at risk of finishing the year as the worst performing European hedgie for the second time in four years...
It would appear last Friday's post on Wirecard as part of a 6 part series of stories dating back from 2016 has got quite a few readers' knickers in a twist.
Clearly, many followers of the site didn't bother to read past the headline and just presumed Betaville was reporting the Chinese are in talks about taking a 25pc stake in Wirecard.....
There is an interesting juxtaposition of stories/threats on the front page of the excellent business section of The Times today...
Shares in a company that wants to be the first cryptocurrency business to list in London are set to begin trading tomorrow.
Stock in Argo Blockchain, which hopes to mine for crypto currencies, is likely to begin changing hands on the London Stock Exchange at around 16p tomorrow, said sources claiming to be familiar with the matter...
I see the Sosei Group has responded to Bryce Elder's report in the FT about a potential bid for asthma inhaler maker Vectura. Below is a link to it:
https://www.investegate.co.uk/sosei-group-corp/rns/statement-re-press-comment/201804241223349524L/..
Here is something to liven up a cold January evening. Tucked away at the back of an FT analysis on dealmaking in the insurance industry is a rather intriguing line about how "rumours circulated through last year that two of the big European insurers - Axa and Generali - would try to get together".
That's the first time I have heard of that rumour for a while but perhaps Oliver Ralph, the insurance industry hack at the Financial Times, is/was more plugged in than me...
If your interested in the prospects for dealmaking post the Brexit referendum this (click on the link below) piece from FT hacks is worth a read (if you pay for a subscription or can sidestep the paywall).
Enjoy: http://www.ft.com/cms/s/0/7eeb15a2-3dea-11e6-8716-a4a71e8140b0.html#axzz4CsoYi2Sd..