Updated October 11, 2026 · through Special Situations Digest #36 (Oct 11, 2026) · 88 this week
A running index of corporate divestitures and asset sales covered in the Special Situations Digest: recent divisional sales, subsidiary divestitures, and non-core asset disposals across global markets, with each item linked to the underlying filing. Below: the 100 most recent situations spanning 22 countries. Earlier coverage includes 1285+ additional situations from prior issues.
Divestitures are the quieter counterpart to spin-offs: instead of distributing a unit to shareholders, the parent sells it to a strategic or financial buyer. The catalysts are similar — portfolio rationalization, debt reduction, capital reallocation — but the value-unlock paths differ. Divesting parents often see a re-rating once non-core operations are gone, while strategic buyers occasionally overpay for synergy assumptions. Both ends of the trade can be investable.
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United States 26 situations
Jefferies Financial Group Inc. (JEF) entered into a definitive agreement to sell substantially all assets and business operations of its subsidiary, Stratos Group International, LLC, to AvaTrade Markets Ltd. The assets…
Alto IRA agreed to acquire Forge Trust Co. and its parent Forge Services from Forge Global on October 6, 2026.
Devon Energy Corp. (DVN) agreed to sell its Eagle Ford shale drilling portfolio to Crescent Energy Co. for $4.2 billion in cash.
McEwen signed a definitive agreement to sell its Fuller and Paymaster interests to Discovery subsidiary Dome Mine for US$55 million.
Chord Energy (CHRD) agreed to sell its entire non-operated Marcellus position to POSCO International for $550 million gross consideration, including a $55 million deposit already received.
closes Dec 31, 2026
Gran Tierra Energy Inc announced on October 09, 2026 that shareholders approved the sale of its Colombian and Ecuadorian operations to Maurel & Prom for approximately $1.33 billion.
TKO LLC submitted a formal written offer to acquire SVC's entire hospitality portfolio for $2.0 billion in cash.
Ultragenyx entered into a definitive agreement to sell a Rare Pediatric Disease Priority Review Voucher for $210 million.
XWELL, Inc. (XWEL) subsidiary XpresTest repurchased all 279.5 outstanding restricted stock awards for $2.7 million on October 8, 2026.
Standard BioTools entered into a definitive agreement to sell its Microfluidics business to ARCHIMED, a healthcare-focused investment firm.
Barnwell Industries, Inc. (BRN) entered a definitive agreement on October 5, 2026 to sell its Canadian oil and natural gas business to 2798913 Alberta Ltd. for C$9 million (~$6.3M).
CERo Therapeutics Holdings, Inc. (CERO) agreed to sell its operating subsidiary, CERo Therapeutics, Inc., to SRX Global Inc. for $1 million in SRX common stock, the discharge of $8.2 million in principal debt, and the…
closes Oct 15, 2026
Rocky Mountain Chocolate Factory (RMCF) agreed to sell its Durango, Colorado property to American Heritage Legacies, LLC for $6.6 million in cash.
SFL agreed to sell four 2014- and 2015-built LR2 product tankers and three 2019-built Suezmax tankers currently on time charters to Trafigura.
Better will sell 100% of its interests in Birmingham Bank for gross consideration of 0.95x Tangible Net Asset Value as of the closing date.
Logistic Properties of the Americas (LPA) is selling its Calle 80 portfolio in Colombia to Bancolombia for $152 million.
Suncor agreed to sell its 48% interest in Terra Nova, 40% in White Rose, and 38.6% in West White Rose to Ithaca Energy plc. Consideration is $1.2 billion (US$860 million) upfront cash plus a contingent payment of up to…
DRA Advisors is taking a 49 percent stake in 1301 Avenue of the Americas, valued at $1.3 billion.
closes Oct 2, 2026
GEO sold the Adelanto Complex to the United States of America, by and through the Department of Homeland Security, for an aggregate purchase price of $950.0 million.
closes Sep 30, 2026
Duos Technologies Group sold 100% of Duos Edge AI, GPUaaS, LLC to Axe Compute, Inc. The transaction closed on September 30, 2026.
Alector, Inc. (ALEC) granted Genentech, Inc. exclusive worldwide rights to develop and commercialize the AL050 program for $100 million in upfront cash (Form 8-K).
Base Electron Corporation, a related party in which Applied Digital (APLD) holds approximately 10% of the equity (not consolidated), confidentially filed for a U.S.
SK hynix SKHY (US) · $169.03 · MCAP $912.1B · EV $886.1B
SK hynix (SKHY) subsidiary Solidigm reportedly selected Goldman Sachs and Morgan Stanley for a potential U.S.
closes Oct 30, 2026
TNL Mediagene signed a definitive agreement to sell its Japanese business for $5.5 million to MI Company, an acquisition vehicle backed by an investor group led by CEO Motoko Imada.
On October 1, 2026, Phillips Edison & Company announced the expansion of its Grocery Retail Partners I joint venture with Northwestern Mutual.
MangoRx IP Holdings, LLC, wholly-owned subsidiary of Mangoceuticals, Inc., entered into Subscription Agreements with two accredited investors.
China 10 situations
Suhao Hongye Co., Ltd. (600128.SS) plans to sell up to 4.4 million shares of Hongye Futures (001236) for an estimated RMB 34.8 million (~$5.2M) in cash.
Changfa Group Changjiang Investment Industrial Co., Ltd. (600119.SS) failed to sell its 15.7143% stake in Shanghai Guanleming Co., Ltd. after the fourth public listing on the Shanghai United Assets and Equity Exchange…
Nanjing Sciyon Wisdom Technology Group (002380.SZ) will sell a 70% stake in Lingbi Guozhen Biomass Thermal Power and related creditor's rights to Xuzhou Tianan New Energy Technology Development for RMB 35 million…
Guangxi Rural Investment Sugar Industry Group Co., Ltd. (000911.SZ) plans to sell 100% of Guangxi Nantang Seed Industry Co., Ltd. and 99.90% of Nanning Yunou Logistics Co., Ltd. to Guangxi Guangnong Supply Chain Group…
closes Sep 30, 2026
Zhuhai Huijin Technology Co., Ltd. (300561.SZ) sold an 81.1686% stake in Nanjing Yizhengtong Information Technology Co., Ltd. to Ma Shengdong.
Shandong Meichen Technology Group Co., Ltd. (300237.SZ) plans to sell 100% of Hangzhou Saishi Landscape Group Co., Ltd. via a public listing on the Shandong Property Rights Exchange Center for a minimum price of RMB 1.
Creativity Information Technology Co., Ltd. (300366.SZ) reduced the floor price for the sale of its wholly-owned subsidiary, Guangzhou Bangxun Information System Co., Ltd., to RMB 134.1295 million (~$20M).
Guangdong Jinlong Development Co., Ltd. (000712.SZ) plans to sell its 20% equity stake in Dongguan Securities Co., Ltd. No buyer, price, or deal terms have been disclosed.
Shanghai Bailian (Group) Co., Ltd. (600827.SS) will vote on the termination of entrusted management of major assets and a related-party transaction.
Jiangsu Yahong Meditech Co., Ltd. (688176.SS) signed a conditional exclusive licensing agreement with Theramex HQ UK Limited to grant exclusive rights for the photodynamic therapy product APL-1702 in Turkey, Australia…
Hong Kong 10 situations
Continental Holdings Limited (513.HK) delayed the dispatch of its circular regarding the HK$85 million (~$11M) cash disposal of Wise Capital Holdings Limited.
South China Holdings Company Limited (413.HK) delayed despatch of the circular for the connected disposal of two wholly-owned subsidiaries for total cash consideration of HK$16 million.
Sanbase Corporation Limited (8501.HK) delayed despatch of its circular for the major disposal to on or before 23 October 2026, following a Stock Exchange waiver extending the original 8 October deadline.
Qian Xun Technology Limited (1640.HK) conditionally agreed to sell its subsidiary Qian Xun Hong Kong Trading Limited to Mr.
Jiahua Stores Holdings Limited (602.HK) received a Stock Exchange waiver on October 5, 2026 allowing the circular regarding disposal of leasehold improvements and equipment to be despatched on or before October 23, 2026.
DAIL, a wholly-owned subsidiary of Dynam Japan Holdings, conditionally agreed to sell one Airbus A321-271NX aircraft with two PW1133GA-JM engines to Sato Aviation Ireland Limited (SAIL).
Capinfo Company Limited 1075.HK (HK) · HK$1.68 · MCAP $62M · EV -$3M (negative EV reflects cash in excess of market value)
Capinfo Company Limited (1075.HK) postponed despatch of its circular regarding a possible major transaction mandate for disposal of listed securities from on or before October 6, 2026 to on or before October 30, 2026.
China Qidian Guofeng Holdings Limited (1280.HK) conditionally agreed on 2 February 2026 to sell its entire interest in China Yinrui (HK) Investment Holding Company Limited to Greatssjy Co., Ltd., a BVI company wholly…
Kuaishou’s Kling AI reportedly selected CICC, Goldman Sachs and UBS for a potential Hong Kong IPO that could raise at least $1 billion, with a listing possible as soon as 2027.
Seacon Shipping Group agreed to sell 100% of the equity interests in the subsidiaries holding Vessel Group One to Cetus Maritime Holdings for approximately US$133.6 million.
Canada 9 situations
Cascadero Copper Corporation will sell all issued and outstanding shares of Cascadero Minerals Corp. (CMC) to Lumina.
Altiplano Metals Inc. (APN.V) agreed to sell its El Peñón Mill and related Chilean land and permits to Tersus Tierras SpA for US$1.54 million.
Silver Range Resources Ltd. (SNG.V) granted Resilience Minerals options to acquire 80% of Alamo in Arizona and Sand Springs in Nevada.
Conquest Resources Limited (CQR.V) seeks approval to sell its Belfast-TeckMag Property to Inventus Mining Corp. for 8 million Inventus shares and a 2% NSR on claims not already subject to an existing royalty.
Glen Eagle Resources Inc. (GER.V) entered a share purchase agreement to sell all shares of its subsidiary Cobra Oro Honduras S.A. to Canaan Minerals S.
Alvopetro Energy Ltd. (ALV.V) entered into an assignment agreement to sell its Bom Lugar and Mãe da lua fields to an unnamed buyer.
Cascadero Copper entered into a debt assumption and offset agreement with Cascadero Minerals Corporation and director Nelson Borch to facilitate the sale of Cascadero Minerals to Lumina Copper Corp. Cascadero Copper…
Bathurst has agreed to assign its option on the Peerless Property to Big Bear Gold Corp. in exchange for 3,555,000 BEAR common shares.
closes Nov 12, 2026
Tempus Capital Inc. (TEMP.CN) is selling two investment properties in London, Ontario for $4,625,000 cash and a $450,000 first mortgage.
Japan 7 situations
closes Dec 1, 2026
NIDEC Corporation (6594.T) resolved on October 1, 2026 to sell all 66,302,120 shares of Nidec Components Corporation to TCG2603 Corporation, a company indirectly held by Carlyle-related investment funds, for ¥102.98…
Fuji Media Holdings (4676.T) is preparing to sell its real estate subsidiary, Sankei Building, in a transaction that could reach ¥1 trillion ($6.3 billion) including debt.
TDK Corporation (6762.T) is reportedly selling its hard drive head business to either Seagate or Toshiba for potentially several billion dollars.
Teno Holdings' board resolved on October 5, 2026 to transfer all shares of its specified subsidiary Safety Japan Risk Management Co., Ltd. Teno Holdings currently holds 2,600 voting rights, representing 100% of Safety…
Seven & i Holdings (3382.T) delayed the initial public offering of its North American 7-Eleven unit to April 2027 or later from the second half of 2026.
closes Jan 4, 2027
Nippon Chutetsukan signed an absorption split agreement on October 5, 2026 to transfer its ductile iron pipe (straight pipe) manufacturing business to wholly owned subsidiary Nitchu Tech Co., Ltd. After the split…
Nidec Corporation (6594.T) is seeking to divest its automotive electric motors unit, according to an October 2, 2026 report.
United Kingdom 6 situations
closes Mar 1, 2027
DCC Energy plc (DCC.L) agreed to sell its Nexora technology division to One Equity Partners funds for US$725 million enterprise value, subject to regulatory approvals, with disposal completion expected on or after 1…
Jubilee Metals Group PLC (JLP.L) is progressing the proposed disposal of its Large Waste Project for approximately US$35 million.
Hamak Strategy Limited (HAMA.L) entered a binding agreement to divest its Nimba Project to Bea Mountain Mining Corporation (BMMC) for a total potential value of US$4.5 million.
Fletcher King plc FLK.L (UK) · GBp 31.50 · MCAP $4M · EV -$594.0K (negative EV reflects cash in excess of market value)
closes Nov 3, 2026
Fletcher King plc conditionally agreed to sell 50% of Fletcher King Services Limited to Lexington One Limited, controlled by directors Robert Dickman, Peter Bailey and Paul Andrews, for £550,000 cash plus a £100,000…
Aberdeen ABDN.L (UK) · GBp 234 · MCAP $5.5B
Aberdeen (ABDN.L) announced on October 8, 2026 that it had sold 52 million Standard Life shares through a secondary placing at 839 pence per share, raising approximately £436 million in gross proceeds.
closes Oct 14, 2026
Airtel Africa plc (AAF.L) is listing Airtel Mobile Commerce N.V. on the London Stock Exchange.
Australia 5 situations
Perpetual Limited (PPT.AX) agreed in March 2026 to sell its Wealth Management division to Bain Capital for about A$500 million upfront cash plus an earnout of up to A$50 million; completion is targeted by the end of…
Capstone Copper announced a definitive agreement to sell its Cozamin copper-silver-zinc-lead mine in Zacatecas, Mexico, to Luca Mining Corp. Total consideration is up to US$385 million, comprising $275 million upfront…
Wildcat Infrastructure has submitted a non-binding indication of interest to buy Austal USA from Austal Limited (ASB.AX) at an indicative valuation higher than a previous proposal from Hanwha Defense USA.
Comms Group completed settlement of the divestment of its IT managed services division onPlatinum to Thinkex Holdings Pty Ltd trading as efex on 1 September 2026.
Lendlease LLC.AX (AU) · A$2.72 · MCAP $1.3B · EV $4.0B
closes Oct 15, 2026
Lendlease and an investment group sponsored by Bizzi & Partners S.p.A extended the deadline to satisfy conditions precedent for the sale of Lendlease's ownership interest in the development rights to Milano Santa Giulia…
India 4 situations
GE Power India Limited (GEPIL.NS) will transfer its Durgapur power-boiler-components business to JSW Energy Limited in a demerger sanctioned by the NCLT Mumbai Bench-I (Scheme of Arrangement).
At the 16th AGM on 30.09.2026, members approved disinvestment in Essar Shipping DMCC, U.A.E., an overseas wholly-owned subsidiary, under Section 180(1)(a) of the Companies Act, 2013.
Financial Express reports that Jio Platforms has received SEBI approval for an IPO and could launch in the next few weeks, with a likely issue size of nearly Rs 37,700 crore (~$3.9 billion); the article says no official…
NCLT Mumbai Bench sanctioned the Scheme of Arrangement between GE Power India and JSW Energy on October 1, 2026.
Germany 3 situations
Klöckner & Co SE agreed to sell Becker Group to a consortium of Accura Investment Partners and Becker Consult + Beteiligungs-GmbH (BCB).
Evonik Industries AG (EVK.DE) intends to sell its subsidiaries Oxeno and Syneqt as part of its Tailor Made transformation program.
Gerresheimer AG GXI.DE (DE) · €27.72 · MCAP $1.1B · EV $3.4B
Gerresheimer announced on October 1, 2026 that it had successfully completed the sale of its U.S. subsidiary Centor to an affiliate of funds advised by Apax.
Brazil 3 situations
Companhia Siderúrgica Nacional CSNA3.SA (BR) · R$6.61 · MCAP $1.8B · EV $10.5B
CSN (CSNA3.SA), together with CSN Steel S.L., signed a binding term sheet on 9 October 2026 to sell all shares of Stahlwerk Thüringen GmbH to Bipadosa S.L., the controlling company of Megasa.
GRUPO SBF filed a divestiture of an equity stake (Alienacao de Participacao Acionaria) dated 08/10/26.
TRBL11 called an EGM to vote on selling three properties, One Park, Contagem, Guarulhos II, for R$526.7 million.
South Korea 3 situations
SUN&L 002820.KS (KR) · ₩1,150.00 · MCAP $10M · EV $121M
SUN&L operates timber, interior, and household goods businesses.
BGF Eco Materials' board resolved on October 7, 2026 to sell its entire 9,113,891-share stake in KNW Co., Ltd. The transfer amount is KRW 81,751,602,270, based on KNW's October 7, 2026 closing price of KRW 8,970 per…
Simwon America filed with the SEC to raise up to $50 million in an IPO.
Other markets 2 situations
On October 2, 2026, Global Arena Holding and Global Election Services amended and restated their agreement to sell their U.S. election-services business assets to GES Acquisition Corp. Consideration includes assumption…
Zone Frontier Inc. (ZONE) sold its legacy aqueous ozone cleaning products business, including CleanCore Global Limited, to Sanzonate Holdings LLC for a potential total of $5.6 million in cash.
Singapore 2 situations
Quantum Healthcare Limited (V8Y.SI) entered into an agreement on 8 October 2026 to sell 100% of QT Vascular Ltd. to EP Systems Sdn.
OUE Real Estate Investment Trust (TS0U.SI) is in exclusive talks with entities linked to IOI Properties Group and CapitaLand Investment over a possible sale of One Raffles Place.
Italy 2 situations
UniCredit UCG.MI (IT) · €79.80 · MCAP $134.1B
Vladimir Putin signed an order allowing UniCredit to restructure its Russian subsidiary, UniCredit Bank, and sell all of the subsidiary's shares.
Banca Ifis has launched a process to sell Ifis Npl Investing Spa and Ifis Npl Servicing Spa, its two NPL market entities.
Belgium 1 situation
Colruyt Group (COLR.BR) is in exclusive negotiations to sell its French wholesale business, Codifrance, to Carrefour.
Portugal 1 situation
Galp GALP.LS (PT) · €22.51 · MCAP $19.0B · EV $22.6B
Galp (GALP.LS) is studying the sale of its residential customer book in Iberia, which includes approximately 430,000 accounts.
Sweden 1 situation
NCC AB NCC-A.ST (SE) · SEK 176.00 · MCAP $1.7B
NCC AB (NCC-A.ST) agreed on October 7, 2026 to divest NCC Industry to Heidelberg Materials and CRH for an enterprise value of SEK8.2 billion.
Taiwan 1 situation
Chaintech Technology (2425.TW) sold its 51% stake in subsidiary Sitonholy (Tianjin) Technology Co., Ltd. (思騰合力(天津)科技有限公司) and its related investees for RMB 167 million (~$25M) in cash.
France 1 situation
L'Oreal OR.PA (FR) · €374.40 · MCAP $223.2B · EV $237.4B
L'Oreal (OR.PA) has hired advisors to explore transferring US tort liabilities for talc and hair-relaxer products into a separate entity for sale to an outside investor.
Netherlands 1 situation
AkzoNobel (AKZA.AS) entered into a binding agreement to sell its decorative paints business in Vietnam, Indonesia, Malaysia, Thailand, Singapore, Papua New Guinea and Australia to Nippon Paint for an enterprise value of…
Turkey 1 situation
Marmara Holding signed a Share Transfer Agreement on 29.07.2026 to sell its 50% stake in Polisan Kansai Boya to Kansai Paint for USD 93.0 million cash.
RU 1 situation
Lukoil LKOH.ME (RU) · RUB 3,911.00 · MCAP $30.0B
Lukoil's January 2026 agreement with Carlyle to sell Lukoil International GmbH, excluding Kazakh assets, expired at the end of July without OFAC approval, according to Lukoil's September 30 document reported on October…
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