Little old Betaville thought it worth highlighting a fine piece of journalism from rival reporters at the venerable Financial Times.
The piece has some cracking detail, including a string of advisers, and insight about First Abu Dhabi Bank's failed tilt at FTSE 100-listed bank Standard Chartered. Below is the link to the story:..
You don't very often see senior executives in private equity firms and stuffy corporates talk on the record much about carrying out potential deals with rivals before the transaction is announced very often...
Are you still wondering what First Abu Dhabi Bank's fleeting tilt at FTSE 100-listed Standard Chartered was all about?
Well, so is little old Betaville. One piece of the jigsaw might be in a piece by the Financial Times about the Abu Dhabi-listed International Holding Company.
It has grown from a fish farm, food and real estate company to a $240 billion conglomerate with a 150,000 employees in the space of three years...
Well, that takeover bid for Standard Chartered wasn't much of a bid after all!
First Abu Dhabi Bank just released a statement after the Bloomberg scoop confirming the institution had been taking a look at Standard Chartered but now had decided against the idea. The shares have fallen back around 15pc...
Axios has just reported that Mike Bloomberg, the billionaire founder of financial media giant Bloomberg, is weighing an acquisition of Dow Jones, owner of the TheWall Street Journal, or TheWashington Post, which is owned by Amazon founder Jeff Bezos.
According to Axios, Mr Bloomberg would be interested in a potential acquisition of either property, but Dow Jones would be a "stronger target"...
Quite a few of little old Betaville's competitors are rolling out their deal prediction pieces for 2023 ahead the holiday period.
Reuters, in particular, has been very enthusiastic publishing a piece about a slowdown in dealmaking whilst two days earlier suggesting there could be a boom in pharmaceutical deals in 2023. Below are the links:..
Betaville is in another grump.
That's because Bloomberg published a takeover tale about Univar Solutions Inc, the US-listed chemicals company, that I was also chasing down.
And now Germany's Brenntag SE has confirmed it is weighing a takeover offer for US-listed Univar Solutions...
One of London's top hedge fund managers has just tipped Kahoot! as a top investment idea.
According Bloomberg hack Nishant Kumar, Abhishek Agrawal of Polygon pitched Kahoot!, the Norwegian games based learning platform, at the Sohn investment conference, where the world's top hedgies come together to talk about some of their best ideas.
Talk about after the horse has bolted!..
Betaville is in a bit of a grump.
That's because arch rivals at Bloomberg have just run a tale about private equity firm General Atlantic weighing a takeover bid for Kahoot, the Norwegian social learning platform.
Little old Betaville was chasing down exactly the same tale but the financial media behemoth pipped me to the post this time round. Below is the link to the Bloomie piece:..
What next for FTX.com's 7.6pc shareholding in Robinhood?
That's the question many market watchers are asking this morning after yesterday's massive news event about Binance bailing out Sam Bankman-Fried's crypto currency exchange FTX.com amid a liquidity crunch...