EMEA Special Situations Daily

A daily briefing on EMEA special situations covering M&A updates, index rebalancing for the Stoxx Europe 600, and research on shareholder activism mechanics.

Key Takeaways

• 1.The Stoxx Europe 600 index quarterly rebalancing effective June 19 includes significant additions like Bank Millennium and deletions such as Christian Dior and Sunbelt Rentals.
• 2.Continental (CON GY) is on track to announce the sale of Contitech by mid-2026, with plans to return a significant portion of proceeds to shareholders via buybacks and dividends.
• 3.Prosus is reportedly considering a temporary increase in its stake in Delivery Hero to block bids or gain leverage, despite having recently sold a stake at a significantly lower price.

Table of Contents

• Special Sits Today
• News & Press
• JPM Research
• Spec Sits Calendar - May
• Special Sits Desk Notes and Call Replays
• J.P. Morgan Special Situations Contacts
• EMEA Special Situations
• US Special Situations
• Disclaimers