A cheeky financial blog with stories about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington.
[Disclaimer - the information on Betaville does not constitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions.]
Two Betaville scoops confirmed on one Winter's morning
Here is something to cheer you up on a cold, grey Monday morning - a couple of my Betaville """"""exclusive""""" jackanories have just been confirmed.
Kier Group said in a statement this morning via the UK regulatory news service that:
"In view of recent press speculation, Kier Group plc ("Kier") confirms that it has held preliminary discussions regarding a potential acquisition of Mouchel.
There can be no certainty that an acquisition of Mouchel will be completed."
The statement comes after I revealed on Tip TV on Friday and Betaville on Saturday that Kier was looking quite seriously at buying Mouchel for about £400 million.
Also, some loyal readers may have noticed that German property company Deutsche Annington has announced it plans to buy rival Gagfah for almost €4 billion.
But for readers that don't recall, back in May I said that there was something was afoot with Gagfah and that Deutsche Annington had been taking a look at the business.