Updated August 23, 2026 · through Special Situations Digest #29 (Aug 23, 2026) · 49 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 16 countries. Earlier coverage includes 767+ 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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China 28 situations
Jinlong plans to transfer its 300 million shares of Dongguan Securities, representing a 20% equity stake.
The subsidiary reported net losses of RMB 61.5102 million (~$9.2M) in 2025 and RMB 28.9582 million (~$4.3M) in H1 2026, with an appraised value of -RMB 147.1056 million.
Leidu International, a wholly-owned second-tier subsidiary, will sell 52.91% of Maxmega Electronics PTE LTD for USD 4.97 million to ONG BENG HUAT and Yunhan Singapore.
Zhangzidao Group Co., Ltd. (002069.SZ) is planning to divest its stake in Yunnan Amur Sturgeon Group Co., Ltd. The company disclosed an asset valuation report dated 2026-08-19 for the total equity value of the target to…
Aerospace Intelligent Manufacturing Technology (300446.SZ) is divesting stakes in two non-core fine-chemicals subsidiaries to raise working capital for its core business.
Unisplendour Corporation Limited (000938.SZ) completed the divestiture of a 65% stake in its microfinance subsidiary, Suzhou Unigroup Digital Internet Technology Microfinance Co., Ltd., for $41M in cash.
Shanghai Jahwa United Co., Ltd. (600315.SS) plans to sell its 19% equity stakes in Sephora (Beijing) Cosmetics Sales Co., Ltd. and Sephora (Shanghai) Cosmetics Sales Co., Ltd. to SEPHORA ASIA PTE.
Songsheng is selling its entire 6.25% stake in Chongqing Jinggang Transmission for RMB 24.0625 million (~$3.6M).
Shanghai Jialinjie Textile Co., Ltd. (002486.SZ) entered a binding agreement to sell a 7% stake in Masood Textile Mills Limited to VELORA GLOBAL VENTURES-F.Z.C for $7.09 million.
Jiangsu Yabang Dye plans to publicly list 100% equity of wholly-owned subsidiary Jiangsu Daobo Chemical plus Yabang's creditor's rights against it as a bundled asset package on Changzhou Property Exchange.
Shenyang ChipSource Microelectronics Equipment (688037.SS) is divesting its 50% equity stake in Guangzhou XinZhi Technology to remove a loss-making subsidiary from its consolidated scope.
BlueFocus's wholly-owned subsidiary BlueFocus International is selling its 20% stake in Tomato Interactive Limited for RMB 38.7 million (~$5.8M).
Zhejiang Yue Ling Co., Ltd. (002725.SZ) is selling a 5% stake in Zhongshi Optoelectronics (Shishi) Co., Ltd. to Daheng Technology for RMB 110.50 million (~$16M) in cash.
Shanghai Jinjiang International Hotels (Group) Co., Ltd. (600754.SS) is divesting 100% of its subsidiary Shanghai Jinjiang International Food & Beverage Management Co., Ltd. for RMB 24.67 million (~$3.7M) in cash.
Unisplendour Software, a wholly-owned subsidiary, will transfer its entire 51% stake in Beijing Unisplendour Digital Intelligence Technology to Qinglianchuang.
Jiuzhou Meigu Technology (000615) auctioned a package of creditor's rights to Beijing Hanheng Enterprise Management Co., Ltd. for 人民币1,499,461.07元.
Ningbo Jintian Copper (Group) Co., Ltd. (601609.SS) plans to spin off its controlling subsidiary Ningbo Ketian Magnetic Co., Ltd. for a domestic Chinese securities exchange listing.
Wingtech Technology (600745.SS) is selling 100% equity in multiple subsidiaries and business asset packages to Luxshare Precision and Luxshare Communication (Shanghai) for cash.
Sinodata Digital Information Service Group Co., Ltd. (000555.SZ) is divesting a stake in Qishuo Technology to eliminate the consolidation of a loss-making subsidiary.
Because Fengyu and Qingfeng could not pay the RMB223.7326 million compensation fully in cash, Yunnan Urban Investment approved a settlement under which Fengyu transfers RMB223.7276 million of due debt owed by Qicai and…
Shenzhen Gongjin Electronics Co., Ltd. (603118) plans to transfer 100% of the equity in its wholly-owned subsidiary, Shandong WenYuan Communication Technology Co., Ltd. The company issued an indicative announcement…
Dasheng Culture (600892.SS) is seeking to divest its 100% stake in subsidiary Wuxi Zhonglian Transmission Culture Communication Co., Ltd. via a public property rights exchange.
Company to sell 100% equity in Future City Construction, Future City Property, and Future City Xinghua to former controlling shareholder Kexiang High-Tech.
Hubei Sanxia Tourism Group Co., Ltd. (002627) is selling 100% of its subsidiary Hubei Sanxia Jiufenggu Tourism Development Co., Ltd. to its controlling shareholder, Hubei Sanxia Cultural Tourism Group Co., Ltd., for RMB…
Hubei Fuxing Technology's subsidiaries Fuxing Huiyu Holdings (71.58%) and Wuhan Dingzhong Real Estate (28.42%) plan to sell 100% of Tianli Real Estate (Wuhan) to Wuhan Financial Holdings (Group).
Zhongcheng Import & Export Co., Ltd. (000151.SZ) plans to divest 100% of Malaysia Yade Co., Ltd. through public solicitation in Malaysian newspapers at a cash price of no less than RMB 1.
Xiangtan Electrochemical Science & Technology (002125.SZ) is divesting two non-core subsidiaries to related parties for a combined RMB 82.66 million (~$12M) to supplement working capital.
Tianbang Food's wholly-owned subsidiary Shanghai Shifen Weidao transferred 100% equity in Huai'an Shifen Weidao to Shanghai Xinzhenglonghe Agricultural Development Partnership.
United States 17 situations
Dingdong (Cayman) Limited (DDL) entered into a definitive agreement to divest its China business to Meituan for up to $280 million in cash.
Identiv signed an agreement to sell its IoT operating assets and contribute $25 million in cash to Trackonomy.
Treasure Global agreed to sell 1,300,000 ordinary shares of V Gallant Limited to New Year Holdings Limited.
Elme Communities (ELME) is selling the 1,222-unit Riverside Apartments and related undeveloped land to FPA Multifamily, LLC for $250.0 million in cash.
Domo DOMO (US) · $3.80 · MCAP $172M · EV $281M
Domo (DOMO) is selling assets to Progress Software for $400 million in cash to avoid a possible Chapter 11 filing.
Unifi Manufacturing, Inc. agreed to sell industrial/manufacturing building spaces and certain land in Yadkin County, North Carolina to Enovum Data Centers Corp. for a cash purchase price of $60.0 million.
AsiaStrategy (SORA) is selling its subsidiary, AsiaStrategy Topwin SG Pte.
IM Cannabis Corp. (IMCC) is selling its European operations, I.M.C.
Semtech Corporation (SMTC) entered into a definitive agreement to sell its cellular module business to Compal Electronics.
Tyson Foods (TSN) is restructuring its beef network and pursuing the sale of its Pasco, Washington beef facility.
Cannabist Co Holdings Inc. (CBSTF) is selling its Maryland cannabis operations to Free State Botanicals Holdings LLC for up to $13.75 million in cash.
Skillful Craftsman Education Technology Limited (EDTK) is selling a 100% equity interest in Easy Skill Technology Ltd. and its subsidiaries to Penguins Investing Carnival Ltd. for $4.5 million in cash.
International Stem Cell Corporation entered into a Membership Interest Purchase Agreement dated July 10, 2026 to sell Lifeline Cell Technology, LLC to American Type Culture Collection, Inc. The aggregate purchase price…
Lee divestiture expected to close in Q4 2026.
Mereo BioPharma Group plc (MREO) monetized the U.S. commercial and global manufacturing rights to alvelestat for alpha-1 antitrypsin deficiency-associated lung disease through an agreement with Sentynl Therapeutics…
ReNew Energy Global Plc (RNW) agreed to sell 1,055 MW of solar projects in Rajasthan and Karnataka to Purvah Green Power Private Limited for an enterprise value of approximately US$532 million.
Conduent Incorporated (CNDT) is exiting its transportation business through the divestiture of its public transit and tolling operations.
Hong Kong 13 situations
XJ International Holdings Co., Ltd. (1765) delayed the dispatch of a circular regarding a major transaction involving a disposal.
Republic Healthcare Limited (8357) is delaying the dispatch of a circular regarding the disposal of its entire equity interest in Life Ark (Shenzhen) Technology Co., Ltd. The company received a waiver from strict…
Vendor, a wholly-owned subsidiary, conditionally agreed to sell the entire issued share capital and Sale Debt of the Target Company for an aggregate consideration of HK$85 million (~$11M).
Jujiang Construction Group (1459) is delaying the despatch of a circular regarding a major and connected transaction to dispose of an 80% equity interest in a non-wholly owned subsidiary.
China Wantian Holdings Limited (1854.HK) is seeking shareholder approval to dispose of certain assets and terminate catering leases with Wangu Basket.
Shuanghua Holdings Limited (1241) issued a supplemental announcement to correct a clerical error regarding the book closure arrangement for a major transaction involving the disposal of target properties.
MOG Digitech Holdings Limited (1942.HK) further delayed the dispatch of the circular regarding the disposal of equity interests in certain subsidiaries.
Shuanghua Holdings entered into a disposal agreement with Huangshan Jiulong Construction Investment Co., Ltd. for industrial property and related buildings in Huangshan, including approximately 22,466.72 square metres…
MOG Digitech Holdings Limited (1942.HK) delayed the dispatch of the circular for the disposal of equity interests in certain subsidiaries.
China Wantian Holdings Limited (1854.HK) has delayed the despatch of its circular regarding discloseable and connected transactions involving asset disposals and the early termination of catering and office tenancy…
Multifield International Holdings Limited (898.HK) is seeking to divest a portion of its HSBC holdings to enhance liquidity and reduce market price exposure.
Cosmos Machinery Enterprises Limited's indirect wholly-owned subsidiary agreed to sell the entire equity interest in a Target Company (approximately HK$55,248,000 (~$7M)).
Suxin Joyful Life Services Co., Ltd. (2152.HK) entered an agreement to sell the Jinlin Apartment property to Youchao Housing Rental (Suzhou) Co., Ltd. for RMB 231 million (~$34M).
Canada 8 situations
Lithium Chile Inc. (LITH.V) is contesting a Canadian government national security review of its US$175-million cash sale of Argentum Lithium SA to China Union Holdings Ltd. The review was launched under the Investment…
CanAsia Energy Corp (CEC.V) signed a definitive agreement to sell its subsidiary Andora Energy to an arm's-length Alberta corporation for up to $40.2 million in cash.
Latin Metals Inc. (LMS.V) signed a Letter of Intent for Minsur S.A. to acquire its Lacsha Copper Project.
Air Canada AC.TO (CA) · C$28.81 · MCAP $5.9B · EV $10.0B
Investor group led by Blackstone and La Caisse is acquiring a 25% non-controlling stake in Aeroplan, valuing the platform at C$10 billion (~$7.3B).
Lithium Ionic agreed to sell its Salinas group of lithium properties in Brazil, including the Baixa Grande resource, to PLS Brasil Mineração Ltda., a wholly owned subsidiary of PLS Group Limited (ASX: PLS).
Barrick Mining Corp (B) plans to execute an equity carve-out IPO of its Nevada and Dominican Republic operations by year-end.
RBC and BMO agreed to jointly sell Moneris Solutions Corp. to California-based Francisco Partners for about $2-billion in cash.
Air Canada AC.TO (CA) · C$29.64 · MCAP $6.0B · EV $10.1B
Air Canada will sell a 25% stake in Aeroplan to Blackstone and three Canadian pension funds for $2.5-billion.
Japan 7 situations
Trial Holdings' consolidated subsidiary Trial Company, Inc. resolved to transfer all shares of specified subsidiary Seiyu Co., Ltd. to Unicorn LLC. Share transfer agreement executed; transfer effective 2026-12-01…
Topy Industries, Ltd. (7231.T) will divest its 100% stake in Ring-Techs (Guangzhou) Automotive Parts Co., Ltd. to an unnamed Chinese domestic company.
Sanden Corporation entered into a real estate sales agreement on August 17, 2026, for the Sanden Forest/Akagi Business Site in Maebashi City, Gunma Prefecture.
JDSC Co., Ltd. (Japan Data Science Consortium Co. Ltd.) resolved on August 14, 2026 to transfer all shares of consolidated subsidiary Mail Customer Center Co., Ltd. A share transfer agreement was executed.
IID, Inc. 6038.T (JP) · JPY 843 · MCAP $26M · EV $9M
IID, Inc. resolved on August 14, 2026 to transfer all shares held in specified subsidiary Enfactory Co., Ltd. IID held 9,300 voting rights in Enfactory, representing 78.81% of total voting rights before the change.
Monster Lab Co., Ltd. resolved on August 10, 2026 to conduct a share exchange involving its consolidated subsidiary Monster Lab Omnibus Co., Ltd. SAMI Japan Co., Ltd. will become the wholly-owning parent company of…
BeMap Inc. 4316.T (JP) · JPY 84 · MCAP $2M · EV $1M
BeMap decided to partially dispose of shares in consolidated subsidiary MMS Marketing Co., Ltd. MMS Marketing will be excluded from consolidation and become an equity-method affiliate.
Philippines 6 situations
Jollibee Foods Corporation (JFC.PS) is restructuring its Tim Ho Wan franchise ownership to consolidate control in North America and exit its Japan joint venture.
URH, a subsidiary of ACEN Corporation, executed a Securities Subscription and Purchase Agreement with Diamond India Renewables One B.V. on 17 August 2026.
DoubleDragon Corporation (DD.PS) is monetizing its Hotel101 portfolio through the creation of a Singapore SPV, DD Hotel101 Worldwide One, to be sponsored as a S$300 million (~$236M) SGD REIT.
Roxas and Company, Inc. (RCI.PS) has authorized the sale of 278.3102 hectares of property in Nasugbu, Batangas.
Anglo Philippine Holdings Corporation (APO.PS) is divesting its subscription rights in Atlas Consolidated Mining and Development Corporation to Dominion Holdings Inc. to reduce its debt.
ALI and four wholly-owned subsidiaries will infuse commercial properties valued at P17,333,824,985.20 into AREIT via a property-for-share swap.
South Korea 5 situations
Mercury Co., Ltd. approved disposition of land and buildings in Gajwa-dong, Incheon for KRW 56,000,000,000 (~$40M).
POSCO Holdings Inc. (PKX) will divest $1.76 billion in shares of affiliates Posco International and POSCO DX to secure investment funds and boost corporate value.
SK hynix Inc. (000660.KS) is considering a NASDAQ listing for a portion of its subsidiary Solidigm to raise capital while retaining control.
TL Engineering Co., Ltd. (413300.KS) is selling land and buildings to Korea Land & Housing Corporation and Gyeonggi Housing & Urban Development Corporation for KRW 3,724,350,400 (~$2.6M).
Lotte Group signed a definitive agreement on August 11 to sell its 61.2% controlling stake in Lotte Rental to TPG.
India 4 situations
Board approved execution of an MOU to sell the Nagpur Unit as a going concern via slump sale.
Navkar Urbanstructure entered a Business Transfer Agreement dated August 12, 2026 to sell UNIT-1 pipe division to J and M Enterprises on a slump sale basis.
Precision Electronics Limited (517258.BO) is seeking to divest its Noida land and building, a facility that contributed 99.99% of revenue in FY2026.
Lucchini RS agreed to acquire a 15% stake in Jupiter Tatravagonka Railwheel Factory (JTRWF), Jupiter Wagons' subsidiary, while Italian state agency SIMEST will take a further 10% stake.
Australia 3 situations
Conditions to completion of the contracts of sale for 5 retail assets have been satisfied.
Growthpoint Properties Australia (GOZ.AX) agreed to sell a Woolworths distribution centre to Hesperia for $267.7 million in cash to reduce its leverage.
Austal ASB.AX (AU) · AUD 4.36 · MCAP $1.3B · EV $1.2B
Hanwha has revised its approach to Austal Limited (ASB.AX) by pivoting from a full takeover bid to a carve-out offer for the Austal USA Mobile shipyard.
United Kingdom 3 situations
BATM Advanced Communications (BVC) scheduled a shareholder meeting for 24 September 2026 to approve the divestiture of seven corporate entities and the sale of 96,794,500 shares held by Sunstring Ltd. The divested…
Nostrum Oil & Gas PLC (NOG.L) entered into an agreement to sell its interests in Zhaikmunai LLP and POSITIV Invest LLP to Altaris Holding Ltd. for U.S.$304,600,000 in cash.
Jubilee Metals Group PLC (JLP) is concluding its acquisition of the Large Waste Project as the seller elected to receive the final US$5 million settlement consideration in 150,489,090 new ordinary shares.
Taiwan 1 situation
Synnex Technology International Corp. (2347.TW) is divesting shares of TD SYNNEX CORP. (SNX) through its subsidiary PEER DEVELOPMENTS LTD. to strengthen operating capital.
South Africa 1 situation
KAP announced on 29 October 2025 a merger of PG Bison Southern Cape's non-core forestry, sawmilling and pole operations with MTO Forestry's Southern and Eastern Cape operations.
Italy 1 situation
Stellantis STLAM.MI (IT) · €4.62 · MCAP $15.5B · EV $39.4B
Stellantis N.V. (STLAM.MI) may sell its Brampton, Ontario assembly plant following reports from the union Unifor.
Singapore 1 situation
Olam Group (OLG.SI) sold a 44.58% stake in Olam Agri to a Saudi fund for US$1.8 billion (S$2.3 billion) in cash.
Brazil 1 situation
Allos S.A. (ALOS3.SA) signed a memorandum of understanding to sell a 60% stake in Sao Bernardo Plaza Shopping to XP Malls for 331.1 million reais in cash.
Denmark 1 situation
Prime Office A/S (PRIMO.CO) is initiating a controlled liquidation of its German properties to return value to shareholders.
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