I see Ben Marlow from The Sunday Telegraph has dug up a cracking new line on the Halfords takeover rumour little old Betaville first encoutered a few weeks ago.
According to Marlow's scoop, London-listed van rental unit Redde Northgate "has made a £1.4 billion merger approach for the high street bike and car repair chain"...
Loyal readers might have noticed little old Betaville teamed up with chums at The Sunday Times this weekend to deliver the latest twist on the Asos takeover tale. Below is the link to yesterday's piece:
Frasers Group, the London-listed retail group backed by wily tracksuit-to-trainers entrepreneur Mike Ashley, has secretly been stakebuilding in Asos, the Aim-listed online retailer.
Well, that's according to Christopher Williams of The Sunday Telegraph. ..
Hat tip to James Warrington of The Sunday Telegraph.
Warrington appears to have dug out a clean scoop about housebuilder Vistry Group weighing a merger with Countryside Properties, which had previously received a takeover offer from its largest shareholder American firm In-Cap.
This morning the tale was confirmed, with Vistry and Countryside announcing a £1.25 billion cash and shares offer from the former for the latter. Below is the link:..
THG, the London-listed e-commerce business, has this morning released what appears to be a full force denial of The Sunday Telegraph's report about how beauty product suppliers are restricting the flow stock to the company.
Below is a link to THG's categorical denial:..
Oliver Gill, the hotshot business hack on The Sunday Telegraph, dug out an interesting line on the weekend about Go-Ahead, the beleguered train operator.
Gill's piece claims Go-Ahead might become a takeover target for FirstGroup after its shares collapsed following news it had hidden £25 million of excess profits from the Treasury. Below is a link to Gill's piece:..
It appears The Sunday Telegraph was bang on the money with it's weekend line about Apollo Global Management coming in for WM Morrison.
So who would have thought it: a potential three-way tussle for Morrisons! Below is the link to the Apollo statement:..
The British Sunday newspaper business sections were really talking up the prospects of a bidding war for WM Morrison now that it has agreed to a £6 billion plus offer from a consortium led by SoftBank-backed Fortress and the Koch family. ..
There was a piece on the front page of yesterday's The Sunday Telegraph business section that caught Betaville's attention as it was eerily similar to Friday's UNCOOKED Alert on J Sainsbury...
So, Entain has been forced to confirm it has received a takeover approach from MGM Resorts at £13.83 a share, valuing the business at just over £8 billion. Below is a link: