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 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.

Betaville Intelligence

UNCOOKED ALERT: Mediclinic International said to ... - Part 6

Friday, 12 August 2022, 1:56 pm

Bumpitrage alert!

Investors have begun to grumble about Remgro's £3.7 billion takeover offer for London-listed Medclinic International.

Word has reached Betaville that some Mediclinic shareholders believe Remgro's 504p a share bid is too "cheap".

Unsurprisingly, some of these investors want a higher offer, ideally around 525p a share for Mediclinic...

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Deals, Deals, Deals ... in a bear market - Part 24

Monday, 8 August 2022, 6:43 pm

The US deal announcements are now arriving thick and fast.

Aside from the takeovers mentioned in this morning's note, Pfizer has announced it is buying Global Blood Therapeutics for $5.4 billion (confirming the Bloomberg and Wall Street Journal scoops from last week). Below is the link to the deal report from the WSJ:..

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Betaville Intelligence

UNCOOKED ALERT: Mediclinic International said to ... - Part 5

Thursday, 4 August 2022, 8:34 am

The takeover of Mediclinic International was a story Betaville broke back in June and now the final details of the deal have been announced.

The board of Mediclinic is recommending a 504p a share, or £3.7 billion, offer from Remgro, which controlled by the South Afircan billionaire Johann Rupert, and a vehicle backed by MSC, the shipping group backed by the Aponte family.

Anyway, below is a link to this morning's press release in case you missed it:..

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Intelsat in talks to merge with SES, reveals the Financial Times

Thursday, 4 August 2022, 7:57 am

Rivals at the Financial Times landed a cracking scoop overnight about US-based satellite operator Intelsat holding merger talks with SES, a Luxembourg-based rival.

The tale comes hot on the heals of OneWeb's merger with France's Eutelsat.

Clearly, none of these satellite operators wants to be the last company standing on its own when the consolidation round ends.

Anyway, below is a link to the FT scoop:..

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Deals, Deals, Deals ... in a bear market - Part 22

Wednesday, 3 August 2022, 12:26 pm

To reinforce the point Betaville was making earlier today - Thoma Bravo has just struck a deal to buy US-listed Ping Identity Holding Corporation for an enterprise value of $2.8 billion.

That's a whopping 60pc premium!

Below is a link to this morning's press release:..

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Bears maul Victoria PLC

Wednesday, 3 August 2022, 10:07 am

Ever heard of Iceberg Research?

Well, neither had little old Betaville until it just published a short selling note on Victoria PLC, the London-listed carpets and flooring group.

Anyway, Iceberg is rather scathing about the Victoria, which has carried out multiple acquisitions over the years. Below is a link to the Iceberg note:..

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Markets live with Betaville featuring: Audioboom (again), Ferguson and Blackline Inc

Monday, 1 August 2022, 5:46 pm

I'm not sure Betaville has ever had a US takeover story confirmed ten minutes after publishing it but that's exactly what happened during today's Markets Live session hosted by my chum Izabella Kaminska, formerly the editor of FT Alphaville, on her https://the-blindspot.com website.

Anyway, I have pasted the link below to today's transcript in case you missed it:..

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NatWest weighing up £2 billion plus takeover offer for Quilter, reveals the Mail on Sunday

Sunday, 31 July 2022, 10:22 am

The Mail on Sunday's hardworking business section dug out this weekend's biggest deal scoop.

According to Amy-Jo Crowley's report, NatWest - the bank that was formerly known as Royal Bank of Scotland - is in the early stages weighing a takeover bid for FTSE 250-listed Quilter. Below is the link:..

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The spinners, the hacks and the podcasts...

Thursday, 28 July 2022, 6:09 pm

Little old Betaville has noticed there appear to be a growing number of super senior City hacks getting involved with podcasts set up by super senior flacks (also known as financial public relations executives).

This trend appears to have been kicked off by Jonathan Ford, former Financial Times Lex and leader writer, and Neil Collins, former City editor of The Daily Telegraph...

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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].