Tag: bid
Insight into the failed Betfair bid
Nice peice yesterday from Alistair Osborne on the failed bid for Betfair. Alistair has an interview with Richard Koch which goes in depth on the process and ultimate failure of the bid. Worth a read: –
City awaits CVC Betfair bid, or not
CVC, the private equity group that was revealed as in talks with Betfair about a possible bid, has until 5pm today to put in a bid or walk away.
The city is talking up a bid of £10, or somewhere near that, to get discussions really going. Betfair shares have responded in kind to this potential. But it’s really a case of how much risk CVC wants to take.
At certain prices Betfair would be a slam dunk investment. I …
2012 all over again?
Been keeping an eye on the winner of the 2018 world cup bid market. England are shortening up quite quickly and are now favourites to win the tournament. I hope they do, or else I will be a very old man by the time the World Cup tournament eventually comes, if it does at all, to England.
It’s very reminiscent of the London 2012 Olympic bid. Paris were in the lead for ages are looked nailed on to win the …
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