Updated October 11, 2026 · through Special Situations Digest #36 (Oct 11, 2026) · 55 this week
A running index of shareholder activist campaigns covered in the Special Situations Digest: recent 13D filings, proxy contests, board nominations, and stake disclosures from activist investors across global markets, with each item linked to the underlying filing. Below: the 100 most recent situations spanning 9 countries. Earlier coverage includes 1504+ additional situations from prior issues.
Shareholder activism is one of the largest categories of special situations tracked weekly. When an activist crosses the 5% threshold and files a 13D in the U.S., or an equivalent large-shareholding report in Europe or Asia, the disclosure often catalyzes corporate change: board refreshes, strategic reviews, sales of non-core assets, or going-private transactions. The Special Situations Digest tracks these campaigns from initial disclosure through proxy outcomes.
Pro includes full weekly issues, downloads, the situations database, and the live feed. Subscribe for full access.
Related: Japan activist campaigns tracker: every Japanese target, by company.
Jump to country
United States 44 situations
Snap Inc. SNAP (US) · $6.23 · MCAP $10.5B · EV $12.1B
Blue Duck Capital urged Snap Inc. (SNAP) to sell a 20% stake in its SPECS augmented reality business for $1 billion.
Featured in Issue #36 · Oct 11, 2026
Omnitek Engineering Corp OMTK (US) · $0.026 · MCAP $570.6K · EV $748.1K
Hard Rock Holdco LLC and Kevin Jay Hayes, Jr. report beneficial ownership of 85.2% of Omnitek Engineering Corp common stock.
Featured in Issue #36 · Oct 11, 2026
National CineMedia, Inc. NCMI (US) · $2.12 · MCAP $199M · EV $178M
Blantyre Capital II Limited disclosed a 28.9% stake in National CineMedia, Inc.'s common stock.
Featured in Issue #36 · Oct 11, 2026
Mattel MAT (US) · $16.69 · MCAP $4.8B · EV $7.0B
Ariel Investments urged Mattel (MAT) to consider selling assets, merging, or selling the entire company in a letter to the board.
Featured in Issue #36 · Oct 11, 2026
Churchill Downs Inc. CHDN (US) · $79.96 · MCAP $5.6B · EV $10.3B
Mike Repole announced on social media Thursday that he purchased one million shares of Churchill Downs Inc. The purchase gives Repole a stake of nearly 1.5%, and he said he may buy more.
Featured in Issue #36 · Oct 11, 2026
Empire State Realty Trust ESRT (US) · $4.60 · MCAP $793M · EV $3.7B
Erez Asset Management disclosed beneficial ownership of 10 million Class A common shares of Empire State Realty Trust (ESRT), representing 5.8% of that class, in a Schedule 13D filed October 5, 2026 with an October 1…
Featured in Issue #36 · Oct 11, 2026
Braemar Hotels & Resorts Inc. BHR (US) · $1.49 · MCAP $102M · EV $1.1B
Braemar Hotels & Resorts Inc. (BHR) will pay $25 million plus expenses to Al Shams Investments LTD (ASIL) to settle a proxy contest (Schedule 13D/A).
Featured in Issue #36 · Oct 11, 2026
Stride, Inc. LRN (US) · $85.46 · MCAP $3.3B · EV $2.9B
Stride, Inc. (LRN) entered into a cooperation agreement with Fivespan Partners, LP on October 8, 2026.
Featured in Issue #36 · Oct 11, 2026
Power REIT PW (US) · $7.18 · MCAP $3M · EV $28M
A reporting group now owns 12% of Series A Preferred shares in Power REIT (PW) and is seeking to elect Alexander Kachmar and David Cacciapaglia to the Board of Trustees (Schedule 13D amendment).
Featured in Issue #36 · Oct 11, 2026
Better Home & Finance Holding Co BETR (US) · $9.92 · MCAP $188M
Steven Sarracino was appointed to the board of Better Home & Finance Holding Co (BETR), effective October 5, 2026.
Featured in Issue #36 · Oct 11, 2026
The New Germany Fund, Inc. GF (US) · $10.41 · MCAP $168M
Saba Capital Management reported a 22.99% stake in The New Germany Fund, Inc. (GF), comprising approximately 3.7 million shares acquired for $37.6 million, in a Schedule 13D amendment dated October 7, 2026.
Featured in Issue #36 · Oct 11, 2026
The Mexico Fund, Inc. MXF (US) · $20.24 · MCAP $292M
Saba Capital Management now owns 16.6% of The Mexico Fund, Inc. (MXF) after paying $45.1 million for 2.4 million common shares (Schedule 13D/A).
Featured in Issue #36 · Oct 11, 2026
Bravo Multinational Inc. BRVO (US) · $0.0289 · MCAP $1M · EV $2M
WTFJ Investments, LLC and a shareholder group reported 59.4% of Bravo Multinational Inc. (BRVO) common stock and seek control to maximize shareholder value.
Featured in Issue #36 · Oct 11, 2026
KLX Energy Services Holdings, Inc. KLXE (US) · $1.32 · MCAP $28M · EV $363M
Whitebox Advisors reports 12.4% beneficial ownership of KLX Energy Services Holdings (KLXE), or 13,055,633 shares.
Featured in Issue #36 · Oct 11, 2026
Vail Resorts MTN (US) · $145.20 · MCAP $5.2B · EV $8.6B
Oasis Management is seeking board seats at Vail Resorts (MTN) to remedy alleged strategic missteps, as disclosed in an October 6 report.
Featured in Issue #36 · Oct 11, 2026
Cracker Barrel Old Country Store, Inc. CBRL (US) · $56.32 · MCAP $1.3B · EV $2.3B
The Accountability Board, Inc. submitted a shareholder proposal to Cracker Barrel Old Country Store, Inc. (CBRL) requiring shareholder approval before the company distributes blank-check preferred stock.
Featured in Issue #36 · Oct 11, 2026
Phunware, Inc. PHUN (US) · $2.04 · MCAP $42M · EV -$50M (negative EV reflects cash in excess of market value)
Goldenwise Capital Group reports beneficial ownership of 1,645,183 Phunware shares (8%) acquired for approximately $3.18 million.
Featured in Issue #36 · Oct 11, 2026
Hertz Global Holdings, Inc. HTZ (US) · $1.79 · MCAP $638M
CK Amarillo LP and affiliated reporting persons now own 50.9% of Hertz Global Holdings, Inc. (HTZ) (Schedule 13D/A).
Featured in Issue #36 · Oct 11, 2026
Gossamer Bio, Inc. GOSS (US) · $9.88 · MCAP $60M
D. E. Shaw now reports shared voting power over 369,459 shares, or 6.0% of Gossamer Bio, Inc. (GOSS), following a correction to a previous filing (13D amendment).
Featured in Issue #36 · Oct 11, 2026
Empery Digital Inc. EMPD (US) · $3.05 · MCAP $86M · EV $138M
The Delaware Supreme Court affirmed the Chancery Court ruling validating ATG Capital's nomination notice in Empery Digital's (EMPD) proxy contest, as announced October 8, 2026.
Featured in Issue #36 · Oct 11, 2026
Better Home & Finance Holding Company BETR (US) · $11.21 · MCAP $213M
Vishal Garg successfully removed five directors from Better Home Finance Holding Company (BETR) through a consent solicitation.
Featured in Issue #36 · Oct 11, 2026
Voya Financial, Inc. VOYA (US) · $94.67 · MCAP $8.6B
TOMS Capital Investment Management LP is pushing for a non-binding no-confidence vote on the board and management of Voya Financial (VOYA) (DFAN14A).
Featured in Issue #36 · Oct 11, 2026
Empery Digital Inc. EMPD (US) · $3.15 · MCAP $89M · EV $141M
ATG Capital Management LP is seeking to replace 4 of 9 directors at Empery Digital Inc. (EMPD) through a proxy contest, owning 4.5 million shares or 16%.
Featured in Issue #36 · Oct 11, 2026
Cheetah Net Supply Chain Service Inc. CTNT (US) · $2.64
Takeover Time 2026 LLC is seeking written consents to remove all five current directors and elect its own five nominees to the board of Cheetah Net Supply Chain Service Inc. (CTNT) (preliminary consent solicitation…
Featured in Issue #36 · Oct 11, 2026
Ethan Allen Interiors Inc. ETD (US) · $20.93 · MCAP $531M · EV $518M
DGB Investment, Inc. and Douglas G. Bergeron are soliciting votes to install a five-person slate of director nominees at Ethan Allen Interiors Inc. (ETD) (definitive additional proxy materials).
Featured in Issue #36 · Oct 11, 2026
Evogene Ltd. EVGN (US) · $0.38 · MCAP $6M · EV $8M
Evogene Ltd. (EVGN) entered into a cooperation agreement with Pure Capital Group on October 6, 2026, to resolve outstanding differences.
Featured in Issue #36 · Oct 11, 2026
Mattel Inc. MAT (US) · $14.85 · MCAP $4.3B · EV $6.5B
Authentic Brands Group approached Mattel Inc. (MAT) about a potential acquisition at more than $20 per share, reportedly valuing the company at roughly $6 billion or more.
Featured in Issue #35 · Oct 4, 2026
Definitive Healthcare Corp. DH (US) · $0.94 · MCAP $100M · EV $126M
Advent International, L.P. signed a confidentiality agreement with Definitive Healthcare Corp. (DH) on September 29, 2026, to evaluate a potential transaction (Schedule 13D/A).
Featured in Issue #35 · Oct 4, 2026
Hub Group, Inc. HUBG (US) · $30.15 · MCAP $1.8B · EV $2.3B
DPY Stockholders took control of the board of Hub Group, Inc. (HUBG) by replacing seven directors and rewriting company bylaws on October 1, 2026.
Featured in Issue #35 · Oct 4, 2026
Inseego Corp. INSG (US) · $4.69 · MCAP $72M · EV $124M
Nokia Solutions and Networks Oy now owns 14.2% of Inseego Corp. (INSG) following a $10 million equity investment and asset purchase (Schedule 13D).
Featured in Issue #35 · Oct 4, 2026
Digimarc Corporation DMRC (US) · $5.82 · MCAP $130M · EV $126M
Ocho Investments LLC acquired 3.7 million shares of Digimarc common stock in a registered direct offering at $4.04 per share for an aggregate price of $14.8 million.
Featured in Issue #35 · Oct 4, 2026
Silvercrest Asset Management Group Inc. SAMG (US) · $10.55 · MCAP $83M
Equinox Partners Investment Management LLC, Equinox Partners, L.P., and Sean M.
Featured in Issue #35 · Oct 4, 2026
Xponential Fitness, Inc. XPOF (US) · $4.64 · MCAP $190M · EV $647M
Fund 1 Investments, LLC reports 4,160,610 Xponential Fitness shares (9.9%).
Featured in Issue #35 · Oct 4, 2026
Flux Power Holdings, Inc. FLUX (US) · $0.45 · MCAP $10M · EV $18M
Solidion Technology made an unsolicited cash acquisition proposal for Flux Power Holdings (FLUX) via an open letter dated October 1, 2026.
Featured in Issue #35 · Oct 4, 2026
Lululemon Athletica Inc. LULU (US) · $96.19 · MCAP $10.6B · EV $11.4B
Lululemon Athletica Inc. (LULU) and Chip Wilson agreed to extend an October 1 deadline for naming a new board member.
Featured in Issue #35 · Oct 4, 2026
H.B. Fuller Co. FUL (US) · $49.60 · MCAP $2.7B · EV $4.8B
Ancora Holdings Group raised its cash offer for the Building Adhesive Solutions business of H.B.
Featured in Issue #35 · Oct 4, 2026
MoneyHero Limited MNY (US) · $0.71 · MCAP $32M · EV $5M
Jonathan Honig, largest unaffiliated shareholder of MoneyHero Limited with approximately 9.0% beneficial ownership of Class A Ordinary Shares, issued an open letter to the Board on September 29, 2026.
Featured in Issue #35 · Oct 4, 2026
Independence Realty Trust Inc IRT (US) · $14.61 · MCAP $3.5B · EV $6.0B
Irenic announced it will vote against Independence Realty Trust's (IRT) proposed $8.1 billion acquisition of Centerspace.
Featured in Issue #35 · Oct 4, 2026
Virtus Total Return Fund Inc. ZTR (US) · $5.99 · MCAP $299M
Saba Capital Management, Saba Capital Management GP, and Boaz R.
Featured in Issue #35 · Oct 4, 2026
BrightSpire Capital, Inc. BRSP (US) · $4.03 · MCAP $510M
CWRE SSF Securities Holding, LP reports 10,982,257 BrightSpire Capital Class A shares, approximately 8.7%, acquired for about $62.4 million including commissions.
Featured in Issue #35 · Oct 4, 2026
UMH Properties, Inc. UMH (US) · $15.47 · MCAP $1.3B · EV $2.4B
Erez Asset Management LLC reports approximately 5.0% ownership of UMH Properties.
Featured in Issue #35 · Oct 4, 2026
People Incorporated PPLI (US) · $40.21 · MCAP $3.0B · EV $3.3B
HighSage Ventures LLC and Jennifer Stier now own 7.9% of People Incorporated (PPLI) after purchasing shares for $226.2 million (Schedule 13D).
Featured in Issue #35 · Oct 4, 2026
Vail Resorts Inc MTN (US) · $138.09 · MCAP $4.9B · EV $8.3B
Oasis Management Co. Ltd. and Seth Fischer report beneficial ownership of approximately 3.2 million Vail Resorts shares with shared voting and dispositive power.
Featured in Issue #35 · Oct 4, 2026
The Cooper Companies, Inc. COO (US) · $56.36 · MCAP $10.5B · EV $13.2B
Jana Partners built its stake in Cooper roughly a year ago and in mid-September 2026 began pushing to replace CEO Albert White and the board chair.
Featured in Issue #35 · Oct 4, 2026
Japan 38 situations
Nidec 6594.T (JP) · ¥2,010.00 · MCAP $15.5B · EV $17.0B
Oasis Management now owns 8% of Nidec (6594.T) and is urging the board to hire financial advisers to solicit nonbinding buyout proposals from strategic buyers and private equity firms.
Featured in Issue #36 · Oct 11, 2026
Nakano Fudo Construction Co., Ltd. 1827.T (JP) · ¥1,364.00 · MCAP $296M · EV $104M
Old Peak Group Ltd. reported a 9.19% stake in Nakano Fudo Construction Co., Ltd. (1827.T), up from 8.18%, as of October 1, 2026.
Featured in Issue #36 · Oct 11, 2026
Infomart Corporation 2492.T (JP) · ¥715.00 · MCAP $1.2B · EV $1.1B
Oasis Management Company Ltd. reported a 23.61% stake in Infomart Corporation (2492.T), up from 22.60%, in a change report submitted October 8, 2026.
Featured in Issue #36 · Oct 11, 2026
M3, Inc. 2413.T (JP) · ¥1,856.00 · MCAP $7.8B · EV $7.3B
Oasis Management Company Ltd. now owns 9.48% of M3, Inc. (2413.T) after increasing its stake from 8.46% (large shareholding report).
Featured in Issue #36 · Oct 11, 2026
Torex Semiconductor Ltd. 6616.T (JP) · ¥1,872.00 · MCAP $127M · EV $151M
Kaname Capital, L.P. filed a change report on Torex Semiconductor Ltd. (6616.T); its prior reported shareholding ratio was 11.16%.
Featured in Issue #36 · Oct 11, 2026
BASE, Inc. 4477.T (JP) · ¥399.00 · MCAP $270M · EV $133M
Hiroyuki Maki, President of Buffalo Inc., now owns 23.32% of BASE, Inc. (4477.T) after purchasing 3.3 million shares on 2026-10-02 (large shareholding report).
Featured in Issue #36 · Oct 11, 2026
Datasection Inc. 3905.T (JP) · ¥1,700.00 · MCAP $402M · EV $400M
First Plus Financial Holdings Pte. Ltd. reported 7,486,300 ordinary shares and warrants covering 26,456,700 additional shares in Datasection Inc. (3905.T), totaling 33,943,000 share equivalents.
Featured in Issue #36 · Oct 11, 2026
Bunkyodo Group Holdings Co., Ltd. 9978.T (JP) · ¥44.00 · MCAP $13M · EV $28M
Bunkyodo Group Holdings Co., Ltd. (9978.T) resolved on October 9, 2026 to oppose all five proposals filed by one individual shareholder for the 76th annual meeting.
Featured in Issue #36 · Oct 11, 2026
Osaka Steel Co., Ltd. 5449.T (JP) · ¥2,321.00 · MCAP $439M · EV $420M
Strategic Capital Co., Ltd. filed an initial 5%+ large shareholding report for Osaka Steel Co., Ltd. (5449.T) disclosing a 10.6% stake.
Featured in Issue #36 · Oct 11, 2026
en Inc. 4849.T (JP) · ¥1,749.00 · MCAP $418M · EV $275M
Oasis Management increased its reported stake in en Inc. (4849.T) to 15.63% from 14.54% as of September 30, 2026.
Featured in Issue #36 · Oct 11, 2026
Fujibo Holdings, Inc. 3104.T (JP) · ¥3,700.00 · MCAP $789M · EV $735M
Effissimo Capital Management Pte Ltd now owns 20.8% of Fujibo Holdings, Inc. (3104.T).
Featured in Issue #36 · Oct 11, 2026
DTS Corporation 9682.T (JP) · ¥1,087.00 · MCAP $1.1B · EV $907M
Asset Value Investors increased its reported DTS Corporation (9682.T) stake to 7.45% from 6.43%, holding 11,862,154 shares.
Featured in Issue #36 · Oct 11, 2026
GungHo Online Entertainment, Inc. 3765.T (JP) · ¥2,360.00 · MCAP $785M · EV $148M
Strategic Capital reports an unchanged 13.67% stake in GungHo Online Entertainment.
Featured in Issue #36 · Oct 11, 2026
Muraki Co., Ltd. 7477.T (JP) · ¥1,640.00 · MCAP $15M · EV $5M
Blue Goats Capital Co., Ltd. now owns 17.01% of Muraki Co., Ltd. (7477) and is seeking capital and business alliances, including the acquisition of control (corrected large shareholding report).
Featured in Issue #36 · Oct 11, 2026
MURAKI Corporation 7477.T (JP) · ¥1,550.00 · MCAP $14M · EV $5M
Ikuyo Co., Ltd. proposed that Muraki Corporation (7477) issue new shares through third-party allotment for Ikuyo to underwrite.
Featured in Issue #36 · Oct 11, 2026
YODOKO, Ltd. 5451.T (JP) · ¥1,374.00 · MCAP $1.3B · EV $984M
Strategic Capital reduced its reported Yodoko (5451.T) stake to 4.57% from 5.63% as of September 28, 2026.
Featured in Issue #36 · Oct 11, 2026
Daiho Construction Co., Ltd. 1822.T (JP) · ¥804.00 · MCAP $429M · EV $320M
Minamiaoyama Fudosan Co., Ltd. and ATRA Co., Ltd. now own 7.6% of Daiho Construction Co., Ltd. (1822.T) according to a large shareholding report.
Featured in Issue #36 · Oct 11, 2026
Toho Holdings Co., Ltd. 8129.T (JP) · ¥3,657.00 · MCAP $1.5B · EV $860M
Toho Holdings (8129.T) filed an objection with the Tokyo District Court on October 6, 2026, to overturn a September 18 provisional injunction.
Featured in Issue #36 · Oct 11, 2026
PRAP Japan, Inc. 2449.T (JP) · ¥1,348.00 · MCAP $38M · EV $10M
Daniel J. Edelman, Inc. acquired a 20% stake in PRAP Japan, Inc. (2449.T) for ¥1.3 billion (~$8.2M) through an off-market purchase (large shareholding report).
Featured in Issue #35 · Oct 4, 2026
YELLOW HAT Ltd. 9882.T (JP) · ¥1,646.00 · MCAP $888M · EV $961M
Strategic Capital Inc. holds 10.1 million shares, or 11.73%, of Yellow Hat Ltd. The previous reported shareholding ratio was 12.74%.
Featured in Issue #35 · Oct 4, 2026
Sankei Real Estate Investment Corporation 2972.T (JP) · ¥125,000.00 · MCAP $370M · EV $633M
City Index Elevenths Co., Ltd. and three joint holders now own 29.9% of Sankei Real Estate Investment Corporation (2972.T) and proposed the delisting of the investment units on July 31, 2026 (large shareholding report).
Featured in Issue #35 · Oct 4, 2026
NORITAKE Co., Ltd. 5331.T (JP) · ¥3,685.00 · MCAP $1.3B · EV $1.3B
Strategic Capital Inc. filed an initial 5%+ large shareholding report.
Featured in Issue #35 · Oct 4, 2026
MIURA Co., Ltd. 6005.T (JP) · ¥3,000.00 · MCAP $2.2B · EV $1.9B
Silchester International Investors LLP now owns 6.07% of MIURA Co., Ltd. (6005.T), increasing its stake from 5.06% through market and off-market purchases between 2026-08-04 and 2026-09-29 (large shareholding report).
Featured in Issue #35 · Oct 4, 2026
Digital Garage, Inc. 4819.T (JP) · ¥2,421.00 · MCAP $724M · EV $532M
Old Peak Group Ltd. increased its stake in Digital Garage, Inc. (4819.T) to 8.33% (large shareholding report).
Featured in Issue #35 · Oct 4, 2026
Syuppin Co., Ltd. 3179.T (JP) · ¥1,280.00 · MCAP $172M · EV $204M
MIRI Capital Management LLC now owns 9.16% of Syuppin Co., Ltd. (3179.T) and intends to propose changes to capital policy, dividends, board composition, and share buybacks.
Featured in Issue #35 · Oct 4, 2026
Shibaura Machine Co., Ltd. 6104.T (JP) · ¥4,845.00 · MCAP $723M · EV $545M
Oasis Management Company Ltd. increased its stake in Shibaura Machine Co., Ltd. (6104.T) to 10.14% through the purchase of 2.5 million shares.
Featured in Issue #35 · Oct 4, 2026
sugimura warehouse Co., Ltd. 9307.T (JP) · ¥999.00 · MCAP $104M · EV $82M
LIM Advisors Limited may make significant proposals to Sugimura Warehouse Co., Ltd. (9307) (filed a large shareholding report).
Featured in Issue #35 · Oct 4, 2026
NPC Incorporated 6255.T (JP) · ¥711.00 · MCAP $95M · EV $67M
LIM Advisors Limited now owns 7% of NPC Incorporated (6255.T) and is pushing for a 6% dividend on equity (DOE) policy (large shareholding report).
Featured in Issue #35 · Oct 4, 2026
Taihei Dengyo Kaisha, Ltd. 1968.T (JP) · ¥2,476.00 · MCAP $993M · EV $926M
Hikari Tsushin now owns 18.2% of Taihei Dengyo Kaisha, Ltd. (1968.T).
Featured in Issue #35 · Oct 4, 2026
TAKADA Corporation 1966.T (JP) · ¥1,740.00 · MCAP $81M · EV $147M
Hikari Tsushin, Inc. filed an initial 5%+ large shareholding report.
Featured in Issue #35 · Oct 4, 2026
SECOM CO., LTD. 9735.T (JP) · ¥6,210.00 · MCAP $16.0B · EV $13.9B
Flashlight Capital Partners, a shareholder of SECOM, released a letter to SECOM's board calling for an overhaul of its overseas strategy.
Featured in Issue #35 · Oct 4, 2026
Nidec Corporation 6594.T (JP) · ¥2,250.00 · MCAP $17.0B · EV $19.5B
Nidec shares fell 20% this week amid accounting crisis.
Featured in Issue #35 · Oct 4, 2026
Sumitomo Heavy Industries, Ltd. 6302.T (JP) · ¥5,923.00 · MCAP $4.5B · EV $5.4B
Silchester International Investors LLP now holds 6.1 million shares of Sumitomo Heavy Industries, Ltd., equal to 4.96% of issued shares as of Sept 25, 2026, down from 5.97% in its previous report (now below the 5%…
Featured in Issue #35 · Oct 4, 2026
Keihanshin Building Co., Ltd. 8818.T (JP) · ¥1,060.00 · MCAP $654M · EV $1.1B
Strategic Capital reports 7,824,900 Keihanshin Building shares, or 8.02%, as of September 17, 2026, down from 9.17% in its previous report.
Featured in Issue #35 · Oct 4, 2026
Infomart Corporation 2492.T (JP) · ¥712.00 · MCAP $1.2B · EV $1.1B
Oasis Management Company Ltd. holds 57.1 million shares of Infomart Corporation, a 21.36% stake.
Featured in Issue #35 · Oct 4, 2026
Daito Trust Construction Co., Ltd. 1878.T (JP) · ¥3,143.00 · MCAP $6.5B · EV $6.8B
Hikari Tsushin, Inc. filed an initial 5%+ large shareholding report.
Featured in Issue #35 · Oct 4, 2026
Sawai Group Holdings Co., Ltd. 4887.T (JP) · ¥1,666.50 · MCAP $1.2B · EV $1.8B
Silchester International Investors LLP now owns 6.85% of Sawai Group Holdings Co., Ltd. (4887.T) and intends to propose changes to capital policy and corporate governance (large shareholding report).
Featured in Issue #35 · Oct 4, 2026
Ebara Jitsugyo Co., Ltd. 6328.T (JP) · ¥2,401.00 · MCAP $356M · EV $246M
Nippon Active Value Fund PLC, NAVF Select (Master) Fund LP, and Dalton Investments, Inc. jointly hold 3.3 million shares, a 12.69% stake in Ebara Jitsugyo.
Featured in Issue #35 · Oct 4, 2026
South Korea 9 situations
KG Dongbu Steel Co.,Ltd. 016380.KS (KR) · ₩5,720.00 · MCAP $414M · EV $586M
Cactus Special Situation I filed an October 6, 2026 correction to its July 10 large-shareholding report for KG Steel (016380.KS).
Featured in Issue #36 · Oct 11, 2026
SEOUL FOOD IND Co., Ltd. 004410.KS (KR) · ₩1,220.00 · MCAP $36M
Jung Phil Moon and five related parties now own 13.28% of Seoul Food Ind Co., Ltd. (004410.KS) after purchasing 427,806 shares between September 9 and October 2, 2026, at prices from KRW 1,173 to KRW 1,237 per share…
Featured in Issue #36 · Oct 11, 2026
I-ROBOTICS Co., Ltd. 066430.KQ (KR) · ₩2,055.00 · MCAP $60M
Choi ** filed an appeal on 2026-10-02 to overturn the September 28 dismissal of an injunction against I-ROBOTICS Co., Ltd. (066430.KQ).
Featured in Issue #36 · Oct 11, 2026
Oscotec 039200.KQ (KR) · ₩39,700.00 · MCAP $1.1B · EV $997M
Oscotec (039200.KQ) will hold an extraordinary general meeting on November 30 to vote on shareholder proposals to abolish its supermajority voting system and elect three new directors.
Featured in Issue #36 · Oct 11, 2026
Gabia 079940.KQ (KR) · ₩39,300.00 · MCAP $383M · EV $597M
Gabia's board postponed the extraordinary general meeting from October 8 to November 5, 2026.
Featured in Issue #36 · Oct 11, 2026
SH Energy & Chemical Co., Ltd. 002360.KS (KR) · ₩3,620.00 · MCAP $29M · EV $23M
Daewon EnvyPol Co., Ltd. took a 5.00% stake in SH Energy & Chemical Co., Ltd. (002360.KS) to influence management (large shareholding report).
Featured in Issue #35 · Oct 4, 2026
Hanmi Pharm Co., Ltd. 128940.KS (KR) · ₩506,000.00 · MCAP $4.8B · EV $4.9B
Hanmi Pharmaceutical (128940.KS) agreed to a special audit of its 73.68%-owned Chinese subsidiary, Beijing Hanmi, following a demand from Life Asset Management.
Featured in Issue #35 · Oct 4, 2026
Korea Zinc Inc. 010130.KS (KR) · ₩1,064,000.00 · MCAP $16.0B · EV $20.7B
The MBK-Young Poong alliance demanded the ouster of Korea Zinc Chairman Choi.
Featured in Issue #35 · Oct 4, 2026
S-1 Corporation 012750.KS (KR) · ₩83,300.00 · MCAP $2.1B · EV $1.4B
Flashlight Capital urges five Samsung affiliates to sell their combined 20.6% stake in S-1 Corporation via open auction.
Featured in Issue #35 · Oct 4, 2026
United Kingdom 3 situations
Baillie Gifford UK Growth BGUK.L (UK)
Saba Capital sold its 5% stake in Baillie Gifford UK Growth (BGUK.L) on 30 September via shares and swap derivatives.
Featured in Issue #36 · Oct 11, 2026
Baillie Gifford US Growth USA.L (UK)
Saba Capital owns nearly 30% of Baillie Gifford US Growth (USA.L) and has nominated three board members for the 23 October AGM.
Featured in Issue #36 · Oct 11, 2026
Ashtead Technology Holdings PLC AT.L (UK) · £5.34 · MCAP $569M · EV $724M
Sun Mountain Partners LLC manages funds that are shareholders of Ashtead Technology Holdings PLC (AIM: AT.).
Featured in Issue #35 · Oct 4, 2026
Australia 2 situations
Orora ORA.AX (AU) · A$1.35 · MCAP $1.2B · EV $1.6B
Sandon Capital, which owns nearly 1% of Orora, plans to oppose the executive remuneration package at the October 14 annual meeting over CEO Brian Lowe’s bonus plan.
Featured in Issue #36 · Oct 11, 2026
Southern Cross Media Group Ltd SXL.AX (AU) · A$0.54 · MCAP $180M · EV $631M
Sandon Capital is seeking to remove Marina Go as a director of Southern Cross Media Group Ltd (SXL.AX) at the November 5 annual general meeting.
Featured in Issue #36 · Oct 11, 2026
South Africa 1 situation
Africa Bitcoin Corporation BAC.JO (ZA) · MCAP $3M
Shareholders holding 76% of ABC's issued ordinary shares, including former CEO Warren Wheatley, are demanding a special meeting to appoint two new non-executive directors.
Featured in Issue #36 · Oct 11, 2026
France 1 situation
Air Liquide AI.PA (FR) · €170.76 · MCAP $122.4B · EV $140.4B
Elliott Management is pressing Air Liquide (AI.PA) to immediately start a €4bn (~$4.5B) share buyback rather than waiting until 2027-2028.
Featured in Issue #36 · Oct 11, 2026
Germany 1 situation
Hugo Boss AG BOSS.DE (DE) · €38.14 · MCAP $3.0B · EV $3.9B
Frasers Group is consolidating leadership at Hugo Boss AG (BOSS.DE) following the departure of CFO Yves Müller for personal reasons.
Featured in Issue #35 · Oct 4, 2026
Italy 1 situation
Webuild S.p.A. WBD.MI (IT) · €1.92 · MCAP $2.2B · EV $3.4B
D&C Governance Technologies S.r.l. holds a stake exceeding 2.5% of Webuild's (WBD.MI) savings share capital class.
Featured in Issue #35 · Oct 4, 2026
Browse by category (all categories)
Activist CampaignsAcquisitionsStrategic ReviewsDivestituresTender OffersGoing-PrivateSpin-OffsCapital ReturnsRights OfferingsSPACs
Browse by market (all markets)
Get the full Special Situations Digest weekly
Hundreds of situations across 25+ markets every Sunday. Excel/PDF/JSON exports and the Situations Database. 14-day free trial.
Start 14-day free trial →