The M&A tipsters in the British national business press are out in force this week.
Yesterday, it was Bloomberg talking up the prospect of dealmaking, citing the likes of BT Group as a potential takeover target. Below is the link:..
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:..
The venerable Financial Times this morning revealed that US pharma giant Pfizer is in the advanced stages of buying Biohaven, a US-listed firm that has been working on treatments for migraines. Below is the link:
https://www.ft.com/content/ea9bb9bc-b5ec-4278-ab42-1f5f14a1a76f..
It would appear The Kleinmanator of Sky News wasn't the only City hack onto the Ted Baker bid rumour.
Last week, Bryce, "The Flying Scotsman", Elder of the venerable Financial Times got into the story in his excellent City Insider column, pointing out that there was talk circulating the London market of a £300 million plus takeover offer. Below is a link to Bryce's piece:..
The Unilever might be a target for Nelson Peltz theory was first aired last summer but now it appears to be have become fact.
Indeed, hacks at the venerable Financial Times have dug a decent scoop today about Peltz building a stake after the botched £50 billion tilt GlaxoSmithKline's consumer division. Below is a link to the FT piece:..
It's the final day of the year but the dealmaking goes on.
This time 3G - the giant private equity firm led by Brazilian billionaires - is buying a 75pc stake in Dutch window blinds maker Hunter Douglas from the Sonnenberg family for EURO 175 a share.
That means 3G - which a few years ago attempted to purchase Unilever alongside Warren Buffett - is buying Hunter Douglas at a 73pc premium...
French media outlet BFM is claiming Dan Lan Loeb's Third Point is pushing for a merger of Compagnie Financiere Richemont and France's Kering after building a stake in the former. Below is the link:
There is talk in the market Izabella Kaminska, the editor of FT Alphaville (no relation to little old Betaville) is leaving the top quality Financial Times markets blog.
One might describe that titbit as WELL-DONE in Betaville parlance but do remember things can change at the last minute...
Loyal readers of Betaville's work on here and at the Mail on Sunday will be aware that I have been attempting to uncover what the former Chancellor of the Exchequer and editor of the Evening Standard has been up to since he joined the uber dealmakers at Robey Warshaw in April this year. Below is the link on the piece I wrote about his Osborne's (or lack of) activities:..
It's been a while since Nelson Peltz, the American corporate raider, has had a crack at a London-listed company but now City scribblers are suggesting he may have set his sights on Unilever, the FTSE 100-listed consumer goods giant.
Well, that's according to Bryce Elder's excellent City Insider column in the venerable Financial Times. Below is the link to his piece, which appears to be based on Bernstein research...