Close the divestment of the Nobilo Wine brand
Delivered after the deadline (127 days after 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
- 12 Dec 2019
- Due
- 31 Aug 2020
- Delivered
- 5 Jan 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“This transaction is expected to close in the first half of fiscal 2021”
What we found
Evidence strength A What the grades mean
The company originally expected to close the Nobilo Wine brand divestment in the first half of fiscal 2021, but the transaction did not close until January 5, 2021.
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A Constellation Brands 10-Q filed 2020-10-01
“The Nobilo Wine Transaction is expected to close by the end of third quarter of fiscal 2021” ✓ confirmed on the page
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A Constellation Brands 10-K filed 2021-04-20
“On January 5, 2021, in a separate, but related transaction with the same buyer, Gallo, we also sold the New Zealand-based Nobilo Wine brand and certain related assets.” ✓ confirmed on the page
Market reaction: the shares moved -4.6% against the S&P 500 over the three sessions around the disclosure (30 Sep 2020 to 5 Oct 2020). What this measures
Checked 18 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Transaction other
- Indicative materiality
- Medium rules
- Action
- Close
- Deliverable
- Divestment of Nobilo Wine brand
- Where
- New Zealand
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to FTC and New Zealand regulatory review and approval; conditioned on completion of the revised transaction
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
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-STZ-014318 · Corrections policy