US investment fund Steel Partners has reduced its stake in Bull-Dog Sauce from 5.42% to 4.40%, according to a filing with the Finance Ministry’s Kanto Local Finance Bureau.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


Steel Partners Japan Strategic Fund (Offshore) L.P. submitted the mandatory filing today (28 November).


Earlier this year, Steel Partners mounted a JPY32.3bn (US$278m) takeover bid for Bull-Dog Sauce but the attempted eventually foundered in August when the Japanese company invoked a “poison pill” defence plan. The fund has made several attempts to acquire the company since 2003.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now