Close the acquisition of DECIEM Beauty Group Inc
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
- 23 Feb 2021
- Due
- 30 Jun 2021
- Delivered
- 18 May 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is expected to close in the quarter ending June 30, 2021.”
What we found
Evidence strength A What the grades mean
The company completed the acquisition of additional shares in DECIEM on May 18, 2021, which occurred within the quarter ending June 30, 2021.
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A Estée Lauder Companies (The) 10-Q filed 2021-11-02
“On May 18, 2021, the Company acquired additional shares in Deciem Beauty Group Inc. (“DECIEM”), a Toronto-based skin care company, for $1,092 million in cash” ✓ confirmed on the page
Market reaction: the shares moved +3.0% against the S&P 500 over the three sessions around the disclosure (1 Nov 2021 to 4 Nov 2021). 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
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- DECIEM Beauty Group Inc.
- Where
- Canada
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to certain conditions, including regulatory approvals
- Depends on
- Regulatory
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-2021-EL-014099 · Corrections policy