Updated October 11, 2026 · through Special Situations Digest #36 (Oct 11, 2026) · 246 this week
A running index of announced acquisitions and mergers covered in the Special Situations Digest: recent merger agreements, acquisition proposals, and definitive transactions across global markets, with each item linked to the underlying filing. Below: the 100 most recent situations spanning 21 countries. Earlier coverage includes 3518+ additional situations from prior issues.
Acquisitions are the largest single category of special-situations activity tracked weekly. The flow includes announced strategic mergers, definitive cash deals, all-stock combinations, and contested offers. Each presents a distinct setup: deal arbitrage on signed transactions, premium-capture on contested bids, and breakup-risk evaluation on regulatory-sensitive combinations. Tracking the full pipeline across 25+ markets surfaces opportunities that U.S.-focused coverage misses.
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United States 28 situations
Standard BioTools Inc. (LAB) is registering up to 364.2 million shares for its proposed all-stock merger with Treeline Biosciences.
closes Oct 6, 2026
Hepion Pharmaceuticals, Inc. (HEPA) acquired Gravitas Life Sciences, LLC on October 6, 2026.
iSpecimen Inc. (ISPC) stockholders approved the Foldlab AI asset acquisition and related common-stock issuance at the October 9, 2026 special meeting.
Processa Pharmaceuticals, Inc. (PCSA) completed a two-step merger with Vidya Therapeutics on July 28, 2026, with Merger Sub II surviving as its wholly owned subsidiary.
Vireo Growth Inc. (VREOF) is acquiring Planet 13 Holdings in a stock-for-stock merger.
Drilling Tools International Corporation (DTI) signed an agreement to acquire Saltire Energy Limited and Foxley Energy Limited for $81 million in cash and 17.4 million DTI shares.
closes Nov 1, 2026
Bank7 Corp. (BSVN) will acquire 100% of Century Financial Services Corporation in a cash-and-stock merger under the agreement announced in September 2026.
Space Exploration Technologies Corp. (SPCX) signed a definitive agreement to acquire Grain Management's nationwide 800 MHz spectrum portfolio, including up to 14 megahertz of paired low-band spectrum.
Synaptics SYNA (US) · $119.82 · MCAP $4.7B · EV $5.1B
Offer $123 a share
Cirrus Logic made a surprise offer for Synaptics last month, trying to break up its agreed sale to Onsemi.
GeoPark GPRK (US) · $11.54 · MCAP $622M · EV $965M
Offer US$12.22 · premium 26%
Grupo Gilinski would take control of GeoPark (GPRK) through a transaction valued at approximately US$515 million, exchanging its 95% stake in Energy Assets International for approximately 42.1 million new GeoPark shares.
TD SYNNEX (SNX) announced on October 7, 2026 that it entered into a definitive agreement to acquire specialty technology distributor BlueStar.
Keurig Dr Pepper (KDP) is completing its acquisition of JDE Peet's for approximately $18 billion via a Dutch statutory squeeze-out.
Twin Vee PowerCats Co. (VEEE) and USFM Corporation amended and restated their merger agreement on October 7, 2026, reducing pre-closing Twin Vee stockholders’ share of the combined company from 10% to 7%, with USFM…
Offer USD 102.50
Lantheus Holdings is approaching an October 14, 2026 special meeting to vote on its proposed Curium transaction.
closes Dec 7, 2026
Enchem America postponed its reverse triangular merger with The Grow Hub (TGHL) from October 8 to December 7 because external agency reviews and approvals are incomplete.
Zeta Global Holdings Corp. (ZETA) entered into an agreement on October 6, 2026, to acquire Digital Audience.
Pulmatrix postponed its special meeting from October 16, 2026, to October 26, 2026, at 8:30 a.m.
Offer 0.3063 shares of MITT common stock plus $0.41 per share in cash from MITT plus $0.52 per share in cash from MITT Manager
TPG Mortgage Investment Trust, Inc. will acquire Cherry Hill Mortgage Investment Corporation (CHMI) for 0.3063 MITT shares plus $0.93 in total cash per common share.
Quince Therapeutics, Inc. (QNCX) acquired Orphai Holdings Therapeutics, Inc. and Orphai Therapeutics, LLC on 18 May 2026.
TruGolf Holdings consummated its Polymath Research acquisition on October 8, 2026.
Sysco Corporation (SYY) is acquiring Jetro Restaurant Depot for $21.6 billion in cash, subject to customary adjustments, and 91.5 million shares of Sysco Holdings common stock.
Fulcrum Therapeutics (FULC) will merge with Slate Medicines in a reverse merger under an agreement signed August 16, 2026.
Boundless Bio, Inc. (BOLD) will merge with Serapha Bio, Inc. in a reverse merger with an estimated exchange ratio of approximately 8.6737 BOLD shares per Serapha share, based on October 1, 2026 capitalization.
American Water Works Company, Inc. is merging with Essential Utilities, Inc. (WTRG) in an all-stock merger announced October 27, 2025.
Crescent Energy (CRGY) agreed on October 8, 2026 to acquire certain Eagle Ford assets from Devon Energy for $4.22 billion in cash, subject to customary purchase-price adjustments.
SEC issued a Notice of Effectiveness for Bio Green Med Solution's Form S-4.
XMax Inc. XMAX (US) · $8.82 · MCAP $569M · EV $540M
XMax Inc. (XMAX) entered into a definitive share purchase agreement on October 5, 2026 to acquire all 1,000 outstanding shares of Hexa Creation Inc. from Professor Yuji Zhao and Skysong Innovations for an aggregate…
Vivakor (VIVK) announced a non-binding LOI on October 9, 2026 to acquire 100% of Direct Midstream.
China 20 situations
Wanxiang Qianchao Co., Ltd. (000559.SZ) plans to acquire 100% of Wanxiang America Corp. from Wanxiang America Corporation using shares and cash, with supporting financing through a share issuance to no more than 35…
closes Oct 10, 2026
Zhejiang Sanfer Electric (605336.SS) acquired 100% of Hangzhou Huijia Information Technology Co., Ltd. from Li Lianqiang and Si Yingchang for RMB 410 million (~$61M) in cash.
Anhui Genuine New Materials Co., Ltd. (603429.SS) acquired 50.76% of Jiangsu Huiju Pharmaceutical Co., Ltd. for RMB 964.44 million (~$144M) in cash in a major asset purchase and related-party transaction.
Nanjing Iron and Steel Group (南京钢铁集团有限公司) will absorb its wholly owned subsidiary Nanjing Nangang Iron & Steel United (南京南钢钢铁联合有限公司).
Transcom (Shanghai) technologies Co., Ltd. (920961.BJ) will acquire 100% of Shanghai Weiyu Tiandao Technology Co., Ltd. using cash and stock.
Offer CNY 6.27
Guoneng Yinglite Energy Chemical Group is seeking a buyer for a 39.41% stake in Ningxia Yinglite Chemical (000635.SZ) for at least CNY 6.27 per share via a public solicitation for a transfer agreement.
Shanghai Xinhua Media (600825.SS) plans to acquire 100% of Shanghai Jiemian Caijing Caixun Technology Co., Ltd. through a share issuance (发行股份购买资产暨关联交易).
Xiongsu Technology signed a Share Acquisition Intent Agreement with Shenzhen Xinyuan New Materials and its controlling shareholder Hu Bo.
Piotech Inc. 688072.SS (CN) · ¥616.25 · MCAP $26.7B · EV $25.5B
Piotech (拓荆科技股份有限公司, 688072.SS) plans to acquire 82.97% of a Wuxi semiconductor technology company (无锡尚积半导体科技股份有限公司) and 100% each of two enterprise management companies (上海泰纳微企业管理有限公司 and 无锡宽行企业管理有限公司) using cash and…
Lakala Payment (300773.SZ) is planning to acquire control of Guangzhou Gaofu Information Technology, operator of the Skyee cross-border payment brand, using shares and cash.
Focus Media 002027.SZ (CN) · ¥4.91 · MCAP $10.6B · EV $9.4B
On October 10, 2026, SAMR published its October 9 decision conditionally approving Focus Media’s (002027.SZ) acquisition of Xinchao Media.
Jiangsu Zerun New Energy Technology (301636.SZ) signed a framework agreement on October 9, 2026, to acquire at least 51% of Hechuang Intelligent Manufacturing for up to $31 million in cash.
Anhui Orivie Technology (300692.SZ) reported that its acquisition vehicle Zhongfu Zhengyuan had paid the first 30% tranche under the agreements for a RMB1 billion (~$150M) acquisition of 87% of Junke Zhengyuan and…
Xi'an Bank (600928.SS) received regulatory approval to acquire Shaanxi Luonan Yangguang Rural Commercial Bank Co., Ltd. The approval was issued by the Shangluo Regulatory Branch of the National Administration of…
Guangzhou Jinzhong Auto Parts Manufacturing (301133.SZ) announced on October 8, 2026 that it had completed the acquisition of 100% of Hefei Jinzhong Automotive Parts, formerly Hefei Kaichi, and the fixed assets of…
GAC Group (601238.SS) is acquiring a 50% stake in FAW Toyota Motor Co., Ltd. from FAW Group via a share issuance at 5.75 yuan per share.
Hunan Huasheng (600156.SS) is pursuing the acquisition of 97.40% of Shenzhen Yixin Technology through shares and cash, at disclosed consideration of RMB 662.3417 million.
Kunshan Yuanchuang Investment Group Co., Ltd. intends to acquire a controlling stake in Visionox (002387.SZ) by subscribing to up to 419.0 million new A-shares for as much as 3 billion yuan in cash.
Shandong Rike Chemical (300214.SZ) plans to acquire a 70.75% stake in Shandong Genyuan New Materials Co., Ltd. using cash and stock.
Sunyes Manufacturing (新亚制程, 002388.SZ) is planning to acquire a controlling stake in Shanghai Qiyuan Gas Development using shares and cash and raise supporting funds.
Australia 8 situations
Macquarie Group (MQG.AX) has offered to sell Energy Assets Group's non-domestic, non-smart gas metering services business to an approved purchaser to resolve regulatory concerns.
Genetic Signatures GSS.AX (AU) · A$0.08 · MCAP $13M · EV -$2M (negative EV reflects cash in excess of market value)
Genetic Signatures agreed principal commercial terms of a proposed all-scrip merger with Microba Life Sciences Limited in September 2026.
A buyer is acquiring Steadfast Group Limited (SDF.AX) for A$6.00 per share in cash via a takeover scheme.
Austral Resources Australia Ltd proposes to acquire all Hammer Metals Limited (HMX.AX) ordinary shares through a scheme of arrangement.
Genesis Minerals will acquire all shares of Vault Minerals Limited (VAU.AX) via a scheme of arrangement.
Offer A$1.36
Ausgold entered a binding Scheme Implementation Deed under which an OceanaGold subsidiary would acquire 100% of the company.
Ingenia Communities Group (INA.AX) proposes to acquire Peet Limited through a scheme of arrangement.
IVE Group entered a binding Scheme Implementation Deed on 21 September 2026 to acquire 100% of Motio Limited.
Canada 7 situations
Discovery Mining Ltd. (DSV.TO) entered into an asset purchase agreement to acquire Timmins mineral properties from McEwen Inc. for $55 million.
Emera EMA.TO (CA) · C$45.66 · MCAP $14.0B · EV $30.3B
Emera (EMA.TO) entered into a definitive agreement on October 6, 2026, to acquire Canadian Utilities and ATCO in a stock-for-stock merger with a pro forma enterprise value of C$72 billion.
Nusa Nickel Corp. will acquire control of Rio Verde Industries Inc. (RVI.V) through a reverse takeover via a binding letter agreement dated October 8, 2026.
Central Asia Metals PLC proposes to acquire 100% of Cygnus Metals Limited (CYG.V) through a scheme of arrangement.
Immutable Holdings Inc. (IHLDF) announced a proposed reverse takeover with Gamebred FC, LLC on October 9, 2026.
TNR Gold TNR.V (CA) · C$0.30 · MCAP $51M · EV $49M
Altius Minerals made an unsolicited, non-binding proposal to acquire all TNR Gold shares it does not already own.
Offer C$4.28 in cash plus a fraction of a GO REIT Unit
1001700058 Ontario Inc. is acquiring H&R Real Estate Investment Trust (HR.UN) for C$4.28 in cash and a fraction of a GO REIT Unit per unit under a plan of arrangement.
United Kingdom 7 situations
Isotope Bidco Limited announced permanent financing arrangements on October 9, 2026 for its recommended cash acquisition of Intertek Group PLC (ITRK.L).
Offer 20p
Logistics Development Group plc (LDG.L) rejected a cash takeover approach from shareholder DBAY Advisors that was increased in draft form to 20 pence per share.
Scancell Holdings PLC (SCLP.L) plans to acquire Neuphoria Therapeutics through a merger and seek a Nasdaq listing under the ticker SCLT.
Offer GBp 28.8183
Pharos Energy plc (PHAR.L) shareholders approved Ratio Petroleum Energy's increased acquisition scheme on August 28, 2026.
closes Oct 12, 2026
Mollyroe plc (AQSE: MOY) approved its acquisition of Cascade and a £1.93 million net fundraise at the 9 October 2026 General Meeting.
Senior plc SNR.L (UK) · GBp 298 · MCAP $1.6B · EV $1.8B
Zeus UK Bidco completed its recommended cash acquisition of Senior plc (SNR.L) at 297.85 pence in cash per scheme share: the court sanctioned the scheme of arrangement on October 6, 2026 and the scheme became effective…
Genel Energy No.9 Limited is acquiring Capricorn Energy plc (CNE.L) for cash via a scheme of arrangement.
Italy 6 situations
Unipol Assicurazioni (UNI.MI) received regulatory approval to acquire de facto control of BPER Banca S.p.A. by increasing its stake above 20% of share capital and voting rights.
Amplifon S.p.A. (AMP.MI) proposes to acquire GN Store Nord S/A’s Hearing business for cash and shares, including 56 million newly issued ordinary shares.
closes Oct 19, 2026
Atkore shareholders approved the merger agreement at a special meeting held on October 7, 2026.
Lottomatica Group (LTMC.MI) and CIRSA approved a cross-border merger plan under which each CIRSA share receives 0.668 new Lottomatica shares.
ISS recommends that Mediobanca (MB.MI) shareholders vote in favor of its merger with MPS.
Banca Monte dei Paschi di Siena (BMPS.MI) received regulatory authorization on 8 October 2026 for its subsidiary, Mediobanca Premier S.p.A., to acquire a qualifying holding exceeding 10% of Assicurazioni Generali S.p.A.
Hong Kong 4 situations
Qingling Motors Co. Ltd 1122.HK (HK) · HK$0.45 · MCAP $141M · EV -$522M (negative EV reflects cash in excess of market value)
Qingling Motors Co. Ltd (1122.HK) conditionally agreed on October 9, 2026 to acquire Qingling Group’s 30.43% interest in Isuzu (China) Engine Co., Ltd. for approximately RMB 659.87 million in cash.
AEON Stores (Hong Kong) Co., Limited (00984) is undergoing a very substantial acquisition.
Canopy SkyFire Group Limited (8245.HK) postponed despatch of the acquisition circular from on or before 9 October 2026 to on or before 23 October 2026 because additional time is needed to prepare and finalise…
C&D Property Management Group Co., Ltd (2156.HK) agreed to acquire 100% of Lianfa Property from Xiamen Lianfa for RMB304.4 million (~$46M) in cash.
Brazil 3 situations
EMAE EMAE4.SA (BR) · R$42.70 · MCAP $634M · EV $543M
closes Oct 26, 2026
SABESP is incorporating EMAE shares not already held by it in exchange for SABESP common shares.
IG4 Capital is reportedly close to a deal to take control of Raízen S.A. (RAIZ4.SA), though no price or stake percentage has been disclosed.
closes Oct 27, 2026
Sabesp updated the schedule for incorporation of Emae shares on Thursday, October 8.
India 2 situations
Arisinfra Solutions Limited (ARIS.NS) proposes to amalgamate Arisunitern Re Solutions Private Limited into Arisinfra.
Inox Green Energy Services Limited (INOXGREEN.NS) is acquiring the operation and maintenance business of Wind World (India) Limited for $57 million in cash.
Netherlands 2 situations
Koninklijke BAM Groep nv BAMNB.AS (NL) · €11.67 · MCAP $3.4B · EV $3.0B
BAM announced the acquisition of A.Hak, a specialist in critical underground infrastructure.
MLex reported on October 7, 2026 that Akzo Nobel N.V. (AKZA.AS) and Axalta had met with EU officials to discuss their planned USD 25 billion merger following mixed feedback from an initial investigation.
Other markets 2 situations
Greenfire Resources Ltd. (GFR) completed its acquisition of Connacher Oil and Gas Limited on August 5, 2026 for approximately C$1.297 billion in cash, including closing adjustments; the original announced consideration…
Naturally Amish, whose announcement was issued through Simulated Environment Concepts, Inc. (SMEV), announced a binding $3 million agreement on 7 October 2026 to acquire the Angola, Indiana travel-stop property and…
Sweden 2 situations
Offer SEK 24.50 · premium 22.6%
Sleep Cycle (SLEEP.ST) called an EGM for 11 November 2026 to approve acquiring Audiowell AB for SEK2.255 billion through 92,042,212 new shares at SEK24.50 each, a 22.62% premium to the 8 October closing price.
Hexagon AB HEXA-B.ST (SE) · SEK 104.15 · MCAP $28.1B
Hexagon AB (HEXA-B.ST) signed an agreement to acquire Rocscience at an enterprise value of $535 million on a cash-free, debt-free basis.
Belgium 1 situation
Warehouses De Pauw NV (WDP.BR) proposes to acquire ARGAN S.A. through a cross-border merger.
South Korea 1 situation
HD Hyundai Marine Solutions (443060.KS) is buying Goltens Worldwide for US$247 million.
Singapore 1 situation
closes Apr 30, 2027
StarHub Ltd. (CC3.SI) will acquire the mobile business of MyRepublic for a variable price based on ARPU, subscriber lifetime, and active 4G/5G subscribers.
Germany 1 situation
Offer €22.15
BASF is reportedly considering raising its initial acquisition approach for Evonik Industries AG (EVK.DE).
Indonesia 1 situation
PT Bhineka Inovasi Ketahanan Energi Tbk (BIKE.JK) announced the acquisition of a 72% stake in coal mining company PT Berau Usaha Mandiri through subsidiary PT Prambanan Nusantara Energi.
France 1 situation
Christian Dior (CDI.PA) appointed Tony Estanguet and Xavier Musca as independent directors on October 7, 2026, replacing Nicolas Bazire and Maria Luisa Loro Piana.
Spain 1 situation
Indra Group IDR.MC (ES) · €59.90 · MCAP $11.8B · EV $10.7B
Indra Group (IDR.MC) agreed on September 30, 2026 to acquire a 30 percent stake in TRC, a Madrid-based cybersecurity company.
Philippines 1 situation
Manila Electric Company (MER.PS) amended the payment terms for Kayana Solutions, Inc.'s PhP2.7 billion acquisition of 504,948 common shares of CIS Bayad Center, Inc. (Material Information/Transactions).
Japan 1 situation
Iwate Bank 8345.T (JP) · ¥2,506.00 · MCAP $1.1B
Iwate Bank (8345.T), Procrea Holdings, and Akita Bank began discussions on October 2, 2026, to pursue a management integration by April 2028.
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