Close the acquisition of a 51% ownership stake in the Kylie Jenner beauty partnership
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 18 Nov 2019
- Due
- 31 Mar 2020
- Delivered
- 6 Jan 2020
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The acquisition is expected to close in the third quarter of fiscal year 2020.”
What we found
Evidence strength A What the grades mean
The 10-K says fiscal 2020 results include the King Kylie transaction effective January 6, 2020, within the Q3 FY2020 window, though the filings do not explicitly use the word 'closed'.
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A Coty 10-Q filed 2020-05-11
“On January 6, 2020, the Company entered into a purchase agreement for the King Kylie Transaction, which constituted a Material Acquisition.” ✓ confirmed on the page
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A Coty 10-K filed 2020-08-27
“Included in fiscal 2020 are the financial impacts of the divestiture of Younique LLC on September 16, 2019, and the King Kylie transaction on January 6, 2020.” ✓ confirmed on the page
Market reaction: the shares moved -7.5% against the S&P 500 over the three sessions around the disclosure (26 Aug 2020 to 31 Aug 2020). What this measures
Checked 21 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- 51% ownership in the Kylie Jenner beauty partnership
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Depends on
- Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: disagreesGemini (Google) re-read the evidence blind and read it as “Not met”.
- Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the recorded outcome.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2019-COTY-019775 · Corrections policy