Tuesday, 3 March 2015

Another thing on SAB Miller.

I think I talked a bit about 3G and Warren Buffett on Monday on Tip TV, and how the sage of Omaha's comments about working with the Brazilian billionaires again had triggered another round of SAB Miller takeover speculation.

Well, now it looks like Bloomberg is getting on top of the story although the financial media behemoth is suggesting Kellogg is likely to be the next take-over target for the 3G and Buffett. Here is a link to the Bloomberg piece: http://www.bloomberg.com/news/articles/2015-03-03/buffett-s-plan-for-more-deals-with-3g-sparks-kellogg-talk?hootPostID=60721f7a20bdb2a0779fe6e827fc15fe

Bloomberg's piece comes after Wall Street Journal reported backed in January that 3G is eyeing a fresh mega deal, suggesting Campbell Soup and PepsiCo are the companies the investment firm is keen on.

However, neither Bloomberg nor the venerable Wall Street Journal mention SAB Miller as a potential target for 3G and Buffett. Funny that...

Stalked

I was looking at my Linked In profile the other day and noticed that somebody from GDF-Suez UK has been stalking me on the social network.

I'm not quite sure why I have been stalked but the last piece I wrote about the French energy giant was about the company rekindling its interest in Canadian oil company Talisman Energy.

Friday, 27 February 2015

A Quindell update

Quindell has just put out a strategic update. In case you have missed it, I have pasted the announcement below.

Wednesday, 25 February 2015

Another day, another multibillion pharma deal - new series

Bloomberg has just pumped out this story:


It's an interesting read...

Sunday review on a Wednesday

Apologies for my tardy Sunday review but just thought I would offer a hat tip to Oliver Shah over at The Sunday Times.

Oliver landed the story about David Potts, the former head of Tesco's Asian business, being lined up as the next chief executive of WM Morrison

Monday, 23 February 2015

Aussie lawyers Slater & Gordon in exclusive talks to buy Quindell's legal services division - part 12

Apologies for the late posting Betavillers - I was out all day.

Anyway, I see Quindell has effectively confirmed my story from the weekend.

Saturday, 21 February 2015

Aussie lawyers Slater & Gordon in exclusive talks to buy Quindell's legal services division - part 11

I have had a few readers get in touch asking for an update on the Quindell situation, so here it is:

I'm told by excellent sources that talks between Slater & Gordon and Quindell (and also their investment banking advisers at Greenhill and NM Rothschild) about a deal for the Aim-listed company's legal services division are getting hot and heavy i.e very serious.

Friday, 20 February 2015

One more thing on SAB Miller.

This week I have been on the receiving end of some pretty spiky banter from rival hacks, analysts and other market practitioners following my piece on 3G and SAB Miller in the Mail on Sunday. In case you didn't see it, here is the link to that piece:

Thursday, 19 February 2015

A can of worms - part 5

Quelle surprise! Ball Corporation and Rexam have just announced a £4.3 billion recommend takeover offer. Here are the details from their announcement:

Wednesday, 18 February 2015

A can of worms - part 4

It sounds like Ball Corporation is about to announce a recommended £4.3 billion plus takeover offer for can maker Rexam.

Well today, at least, I had been hearing from top sources that a big transatlantic deal is set to be announced tomorrow morning. So, it didn't take long to work out it could be Ball making a formal offer for Rexam.

Happy birthday Betaville

It's been just over a year since I kicked off Betaville, a cheeky blog that likes to break serious business stories, dig up stock market gossip and crack a few jokes, too.

Now, I could talk about a whole bunch of brilliant things Betaville has done over the last twelve months but instead I will provide a link to a self-congratulatory piece I did over the New Year. Here is a link: http://betaville123.blogspot.co.uk/2015/01/betaville-in-2014-and-what-happens-next.html

Monday, 16 February 2015

Sunday, 15 February 2015

More on Salix...

Interesting piece by Reuters late on Friday evening about how US healthcare group Endo International is interested in buying Salix, a takeover target for FTSE 100-listed Shire. Here is a link:

http://uk.reuters.com/article/2015/02/13/us-endo-m-a-salix-exclusive-idUKKBN0LH2C020150213

Thursday, 12 February 2015

Aussie lawyers Slater & Gordon in exclusive talks to buy Quindell's legal services division - part 10

Bryce Elder, the stock market reporter over at the Financial Times, had an interesting snippet on Quindell in his market report today.

Bryce wrote that Slater & Gordon, the Aussie law firm, has been looking for a private equity fund, such as Apollo, the US buy-out firm, to partner on an acquisition of some of Quindell's legal services unit. Here is a link to Bryce's report:

Wednesday, 11 February 2015

The auction of auctioneer - part 2

It sounds like the auction of Bonhams isn't going as smoothly as the ones carried out by the 200-year old auctioneer.

The owners of Bonhams hired Greenhill last year to look at "strategic options".

Monday, 9 February 2015

Back on Tip TV talking about Quindell, Smith & Nephew and Salix

Nick "the Moose" Batsford invited back on Tip TV today. We talked about Smith & Nephew, Salix and, of course, Quindell. Click on the link to see today's clip:

http://www.tiptv.co.uk/archives/review-of-the-weekend-financial-press/

Friday, 6 February 2015

A can of worms - part 3

Bankers are clambering all over of this £4 billion Rexam takeover deal.

I hear Credit Suisse and Bank of America Merrill Lynch have just been "restricted" from publishing equity research on Rexam, which typically means these banks have been retained as advisers on the deal.

Thursday, 5 February 2015

A can of worms - part 2

Many apologies to Oscar Williams Grut, the stock market reporter over at The Independent and Evening Standard.

He, too, had the Rexam story in his stock market report this morning. Here is the link: http://www.independent.co.uk/news/business/sharewatch/market-report-arm-holdings-tops-bluechip-index-10024898.html

A can of worms

Rexam shares are up almost 7pc this morning.

I suspect the stock is reacting to comments in Gary Parkinson's stock market report in The Times today.