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.

Adobe said to be in advanced talks to buy Figma for $20 billion, reveal Bloomberg and the Wall Street Journal - Part 2

Thursday, 15 September 2022, 6:55 pm

Adobe Inc has confirmed it is buying design application Figma for $20 billion, proving once again there is a strong appetite for dealmaking, especially in the US technology market.

Now earlier little old Betaville reported that it was Bloomberg and the Wall Street Journal that were claiming the "scoop"...

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Schneider Electric said to weigh takeover of Aveva, reveals Bloomberg - Part 3

Wednesday, 14 September 2022, 3:29 pm

Tucked away in today's Daily Mail business splash about Welsh chip designer Newport Wafer Fab is a line about how Jacob Rees-Mogg may "call in" Schneider Electric's takeover of FTSE 100-listed technology company Aveva.

That's because the French industrial giant has a huge joint venture with Chinese firm Delixi Group. Below is a link to the Daily Mail report in case you missed it:..

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Betaville Intelligence

UNCOOKED ALERT: Temenos said to ... - Part 4

Wednesday, 7 September 2022, 9:50 am

Swiss title Inside Paradeplatz has got the scoop this morning about the latest twist in the Temenos takeover tale.

According to intrepid Swiss journo Luke Haessig, a sale of the Swiss banking software company is now "round the corner" and the buyer is an "overseas private equity firm".

Haessig's report also claims the Temenos take private deal should be done by the end of October at the latest ahead of the company's third quater results...

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Tags: Temenos
Betaville Intelligence

UNCOOKED ALERT: GB Group said to ... - Part 2

Wednesday, 7 September 2022, 9:13 am

It would appear little old Betaville and Dom Walsh of The Times business section were barking up the right tree when it came to GB Group, the London-listed identity verification and fraud prevention company.

Late last night Chicago-based GTCR, which has appointed Jefferies to work on the bid, confirmed it is considering making an offer for GB Group. Below is the link the statement and also GB Group's response:..

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Betaville Intelligence

UNCOOKED ALERT: Smith and Nephew said to ... - Part 2

Tuesday, 6 September 2022, 1:20 pm

Veteran business hack Dom Walsh of The Times has picked up on the latest Smith and Nephew takeover tale, too.

Dom - one of the best British business journalists Betaville has never had the pleasure of working with - published a piece in The Times today about how the medical devices company could be a takeover target for an American group, such as Stryker Corporation, or even a private equity firm...

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Sunday review on a Monday: Signify Health, CVS and Countryside Properties...

Monday, 5 September 2022, 9:20 am

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:..

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The Genteel Hustler returns ...

Saturday, 3 September 2022, 11:57 am

Here is a rare (no pun intended) piece of good news: one of Britain's most talented business journalists has returned the UK.

After a two and a half year stint loitering around the great outdoors of the west coast of Canada for stories (including some about a certain Megan Markle, the Duchess of Sussex) William Turvill, a former colleague on the Mail on Sunday's business section, is back on these shores...

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Forget about P2P; dealmaking is now all about C2C, according to Canaccord Genuity's Quest

Thursday, 1 September 2022, 11:04 am

Scribblers at Quest were this morning talking up the prospect of corporate dealmaking in the next quarter despite the bearish sentiment pervading markets.

Following last week's flurry of technology deals (i.e. Open Text's bid for Micro Focus International and Schneider Electric's possible offer for Aveva) analysts at Quest, the cashflow analysis division of Canaccord Genuity, reckon there could be a few more corporate deals in the United Kingdom on the horizon...

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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].