Close the acquisition of Anord Mardix
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 Oct 2021
- Due
- 31 Dec 2021
- Delivered
- 31 Dec 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The $540 million all-cash transaction has been unanimously approved by Flex’s Board of Directors and is expected to close in the fourth quarter of calendar 2021, subject to customary closing conditions, including regulatory approval.”
What we found
Evidence strength A What the grades mean
Flex Ltd. successfully completed the acquisition of Anord Mardix in December 2021, within the fourth quarter of 2021 as originally committed.
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A Flex Ltd. 10-Q filed 2022-02-04
“The Company completed its acquisition of Anord Mardix in December 2021.” ✓ confirmed on the page
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A Flex Ltd. 10-Q filed 2022-02-04
“During the nine-month period ended December 31, 2021, the total value of intangible assets increased by $263.0 million as a result of the Company's initial estimated value of intangible assets from the Anord Mardix acquisition.” ✓ confirmed on the page
Market reaction: the shares moved -2.5% against the S&P 500 over the three sessions around the disclosure (3 Feb 2022 to 8 Feb 2022). What this measures
Checked 6 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
- Anord Mardix acquisition
- Amount
- USD 540
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to customary closing conditions; regulatory approval
- 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-2021-FLEX-004957 · Corrections policy