Wednesday, 7 October 2015

Another Betaville scoop confirmed!

I realise the "big" news this morning is the decision by Anheuser-Busch Inbev to announce its £42.15 a share/£68 billion offer for SAB Miller to the London market.

But I would just like to point out that another one of little old Betaville's scoopettes has finally been been confirmed - only it slipped under the radar as I never received the formal press release (not sure why, perhaps LDC's PR advisers don't like me very much).



Readers might recall I revealed earlier this year that the owners of Private Equity International, the trade mag for the dealmaking industry, had hired advisers from Livingstone Partners to find a buyer.

I followed that story up, revealing Lloyds Development Capital (LDC) was in exclusive discussions to buy a minority stake in PEI, the publisher of Private Equity International.

Here are links to those stories:

http://betaville123.blogspot.co.uk/2015/09/village-gossip-dealmakers-digest-to-be.html

http://betaville123.blogspot.co.uk/2015/07/village-gossip-dealmakers-digest-to-be.html

And low and behold: Private Equity International reported a few days ago that LDC is taking a stake in PEI. Here is a link:

https://www.privateequityinternational.com/news/europe/2015-09-29/ldc-backs-mbo-of-pei-media-group/ 

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