Loyal readers may have noticed that little old Betaville teamed up with chums from The Sunday Times this weekend to figure out which activist fund had secretly been building a shareholding in THG, the London-listed online retailer that has seen its share price battered since listing a couple of years ago...
Hat tip to Adam McNestrie.
Little old Betaville's first ever outside editorial contributor saw one of his recent stories confirmed this morning.
Today, Aim-listed Kingswood Holdings, an independent financial advisor consolidator, said it has retained advisers from corporate finance house Houlihan Lokey to work on a sale of its UK operations. Below is the link to the statement:..
Hat tip to Jamie "Nimmers" Nimmo of The Sunday Times.
Yesterday, the intrepid hack dug out a corking line about Elliott's interest in providing the financing to bidders interested in purchasing Manchester United.
According to the original piece by Nimmers, activist hedge fund Elliott would be interested in lending to any potential Manchester United purchaser and also taking a minority stake in the Premier League football club. Below is a link to Nimmers's scoop:..
BP's low valuation makes it a takeover target.
Well, that's according to fund manager M&G - which is a shareholder in BP - via the front page of The Sunday Times business section...
Chums on The Sunday Times had a decent haul this weekend.
Jamie "Nimmers" Nimmo landed the splash (lead item) in the business section about FTSE 100 giant Vodafone and his tale seemed to suggest activist investor Cevian may be looking to re-build a shareholding in the business following the departure of Nick Reid, the chief executive. Below is a link to Nimmers's story:..
It's been quite a while since Betaville has seen David Rothnie's by-line appear on the front pages of the business section of a British national newspaper.
But today Rothnie - former investment banking editor at Financial News - turned up with a stunning tale about Bob Diamond weighing an offer for Credit Suisse's dealmaking advisory unit, which is now called CS First Boston...
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...
The little end piece of Oliver "Shahsy" Shah's column in yesterday's The Sunday Times business section caught Betaville's eye yesterday.
Olly was pushing the idea that Centrica, the FTSE 100-listed owner of British Gas, could be a takeover target for an oil major or European utility. Below is the link to yesterday's piece:..
You know the rumours about a potential sale of Chelsea FC are serious when the venerable Wall Street Journal finally decides to get on the story.
The WSJ has just published a piece claiming Roman Abramovich is seeking takeover bids for Chelsea FC, which has won the European champions league twice, ahead of the Russian tycoon being hit by financial sanctions. Below is the link:..
Forget about waiting until Monday morning.
Clipper Logistics has just announced it is minded to recommend a cash and shares offer from US rival GXO Logistics Inc at 920p a share. Presumably The Sunday Times piece nudged both companies into making the announcement today.
Below is the link:..