Catalyst Bulletin
dealint.bsky.social
Catalyst Bulletin
@dealint.bsky.social
News and insights on event-driven opportunities in global markets. Live event monitors and analysis for subscribers on https://catalystbulletin.substack.com/. Not investment advice.
CB Daily Brief 11/12/25

$4384.T: MBO at ¥1,710
$8413.HK: partial offer for 65% by Hubei Agricultural Development at HK$0.258
$1894.HK: rights issue
$7618.HK: spin-off from $9618.HK
$RXR.AX/$RBX.V: amended merger with $PDI.AX at 7.862x shares
$NLFSK.CO: take-private by Freudenberg for DKK140
👇
December 11, 2025 at 3:07 PM
CB Daily Brief 10/12/25

$0459.HK: take-private by chairman for HK$0.133
$DHER.DE: strategic review
$ALTI: indications of interest/strategic review
$CSHX: tender offer for 5% at $75
$AHT: strategic review
December 10, 2025 at 5:54 PM
CB Daily Brief 09/12/25

$4347.T: tender offer by $AJOT.L for 11% at ¥2,200
$9888.HK: possible spin-off of semiconductor subsidiary
$OCI.AS: merger with $ORAS.AD/$EGS95001C011.CA at 0.4634x shares
$AJOT.L: uncapped tender offer at 98% NAV
$BGS.L: proposed tender offer for 15% at 98% NAV
👇
December 9, 2025 at 3:21 PM
CB Daily Brief 08/12/25

$NSR.AX: acquisition by Brookfield/GIC at A$2.86
$CRNA.OL: rights issue
$KCO.DE: possible acquisition by $WS
$MICC.L/$MICC.AS/$MICC: spin-off from $ULVR.L/$UNA.AS/$UL
$BRR: deSPAC
$PCSC: SPAC merger with Freenome
$MCBI: acquisition by $HOMB for 0.85x shares
👇
December 8, 2025 at 2:23 PM
CB Daily Brief 05/12/25

$1348.HK: possible sale
$BWO.OL: strategic review
$GUARD.ST: strategic review
$COO: strategic review
$VCIG: planned carve-out of capital markets advisory unit
$WBD: acquisition by $NFLX for $23.25+$4.5 in shares+networks spin-off
December 5, 2025 at 3:27 PM
CB Daily Brief 04/12/25

$9929.HK: mandatory offer at HK$0.11
$TLG.VN: acquisition by $7984.T
$SNCR: acquisition by $LMN.V for $9
December 4, 2025 at 2:58 PM
CB Daily Brief 03/12/25

$3391.T: tender offer for 9.5% by $8267.T at ¥2,900
$2442.HK: mandatory offer by Galaxy Equity at HK$0.7517
$WAC.DE: possible sale to $241560.KS
$VIMAB.ST: rights issue
$ARWY.CN: merger with $NTAR.CN at 0.514x shares
$POLE: SPAC merger with StoreDot
December 3, 2025 at 3:45 PM
CB Daily Brief 02/12/25

$1732.HK: partial offer by Shanghai Westwell for 29% at HK$0.21
$THEON.AS: rights issue
$USA.L: proposed merger with $EWI.L
$INV.L: strategic review
$ZENV: planned spin-off of PaaS unit
$EB: take-private by Bending Spoons at $4.5
December 2, 2025 at 2:23 PM
CB Daily Brief 01/12/25

$7092.T: MBO at ¥2,315
$BRI.AX: rights issue
$F1E.SI: take-private by controlling shareholder for S$0.72
$LEG: unsolicited proposal from $SGI at $12 in stock
December 1, 2025 at 8:43 PM
CB Daily Brief 28/11/25

$4917.T: MBO price increase to ¥2,520
$7739.T: buyout by parent $7751.T for ¥3,650
$A1G.AX: acquisition by $MAU.TO for 0.0628x shares
$ALLFG.AS: acquisition proposal by $DB1.DE at €8.8 in cash & shares
$ESYS.L: non-binding offer from founder at 20p
November 28, 2025 at 2:27 PM
CB Daily Brief 27/11/25

$2389.T: price increase by SilverCape to ¥2,450
$8403.HK: mandatory offer at HK$0.5
$SPIR.OL: take-private by largest holders at NOK8.567
$ASTK.CO: acquisition by $603890.SS for DKK1.72
$ARISE.ST: acquisition by Aneo for SEK45
$SCM.MI: acquisition by $BDB.MI for €4.5
👇
November 27, 2025 at 2:50 PM
3 companies with particularly inefficient balance sheets, but also possible catalysts:
open.substack.com/pub/catalyst...
Japanese Cash-Rich Companies Part 4
Select small cap names yet to disclose their capital allocation policies
open.substack.com
November 26, 2025 at 10:21 PM
Of course there has to be a fund already 😀 Although its top holdings don’t seem particularly cash-rich, the theme aligns with the recent CB series over at the other platform.
November 26, 2025 at 2:49 PM
CB Daily Brief 26/11/25

$5250.T: acquisition by $9449.T for ¥1,600
$NSR.AX: non-binding offer from Brookfield/GIC at A$2.86
$TBRD.V: acquisition by $BAMI.TO for C$1.77/0.2165x shares
$AIF.TO: tender offer for ~15% at C$50-57
$TBHC: acquisition by $BBBY for 0.1993x shares
November 26, 2025 at 2:49 PM
CB Daily Brief 25/11/25

$079940.KS: tender offer by Align at ₩33,000
$AEDAS.MC: price increase by $HOME.MC to €24 (ex div)
$SSP: offer by $SBGI at $2.72+$4.28 in shares
$GNK: acquisition proposal from $DSX at $20.6
$SEM: take-private offer from chairman/co-founder at $16-$16.2
👇
November 25, 2025 at 2:34 PM
CB Daily Brief 24/11/25

$0126Z0.KS: spin-off from $207940.KS
$VMC.AX: takeover offer by QGold at A$0.17
$MVF.AX: non-binding offer from Genesis/Soul Patts at A$0.8
$QUB: possible buyout by Macquarie at A$5.2
$WCW.L: acquisition by PhillipCapital for 14p
👇
November 24, 2025 at 2:42 PM
CB Daily Brief 21/11/25

$0727.HK: rights issue
$1530.HK: proposed carve-out of consumer pharma co
$WJL.AX: competing bid by BGH at A$0.91
$PPH.L: strategic review / formal sale process
$NEXT25.MX: carve-out from $FUNO11.MX
$WTM: tender offer for ~6% at $1,850-2,050
November 21, 2025 at 2:38 PM
CB Daily Brief 20/11/25

$1980.HK: mandatory offer at HK$0.68
$TGP.AX: strategic review
$VIVE.ST: rights issue
$FCA-U.V/$FCA-UN.V: wind down
$ASTC: strategic review
$APLT: strategic review
$EXAS: acquisition by $ABT for $105
November 20, 2025 at 2:33 PM
CB Daily Brief 19/11/25

$2389.T: price increase by $2433.T to ¥2,015
$WJL.AX: non-binding offer from $HLO.AX at A$0.9
$APS.TO: take-private by $128940.KS for C$2.41
$AVDL: price increase by $ALKS to $21+$1.5 CVR
$SEMR: acquisition by $ADBE for $12
November 19, 2025 at 2:34 PM
CB Daily Brief 18/11/25

$9666.HK: revised delisting offer by at HK$8.69
$0167.HK: mandatory offer at HK$0.5941
$244920.KS: tender offer for 19.9% by Align at ₩8,000
$ECL.AX: managed liquidation
$8YZ.SI: spin-off from $YF8 SI
$TTG.L: revised acquisition by $CICN.SW for 150p
👇
November 18, 2025 at 2:59 PM
CB Daily Brief 17/11/25

$6210.T: merger with $6293.T at 0.755x shares
$3961.T: acquisition by $3690.T for ¥770
$2196.T: merger with $9160.T at 0.558x shares
$7445.T: take-private by $3612.T for 0.1x shares
$8257.HK: acquisition by Watlow for HK$0.245
$DCC.L: tender offer for 12% at £50.2-53.2
👇
November 17, 2025 at 3:11 PM
CB Daily Brief 14/11/25

$8208.HK: mandatory offer at HK$0.05
$STE-A.ST/$STE-R.ST: proposed spin-off of Swedish forests
$PAC.L: strategic review
$FGRT.L: proposed merger with $IGET.L
$REAG3.SA: proposed take-private by controlling shareholder for R$1
👇
November 14, 2025 at 2:24 PM
CB Daily Brief 13/11/25 ⛩️🔥🔥

$7635.T: MBO at ¥1,710
$7455.T: MBO at ¥581
$5596.T: buyout by parent $3994.T for ¥1,800
$1841.T: MBO at ¥1,600
$9067.T: acquisition by $9069.T for ¥949
$4937.T: acquisition by $SBC for ¥1,900
$4333.T: merger with $3924.T at 1.27x shares
$0442.HK: rights issue
👇
November 13, 2025 at 2:35 PM
CB Daily Brief 12/11/25

$7718.T: buyout by Taiyo Pacific at ¥2,210
$7372.T: acquisition by $6071.T for ¥527
$OLT.OL: take-private offer by parent Thon at NOK335
$LEGT: SPAC merger with Einride
$CSR: strategic review
November 12, 2025 at 2:59 PM
CB Daily Brief 11/11/25

$6486.T: merger with $7240.T at 1x shares
$TIG.L: strategic review
$AIV: liquidation
$NEUP: strategic review + indication of interest from Lynx1 at $5.2
$LEE: proposed rights issue
November 11, 2025 at 2:26 PM