International Flavors & Fragrances
Close the divestiture of the fruit preparation business
Not delivered by the deadline
AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.
- Announced
- 10 May 2021
- Due
- 30 Sep 2021
- Checked
- 18 Oct 2026
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The divestiture is expected to close in the third quarter 2021, pending customary closing conditions, including regulatory approvals.”
What we found
Evidence strength A What the grades mean
The company reported in November 2021 that it had received proceeds in advance of the sale, indicating the divestiture had not yet closed by the September 30, 2021 deadline.
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A International Flavors & Fragrances 10-Q filed 2021-11-08
“The increase in restricted cash as of September 30, 2021 is due to proceeds received in advance of the sale of the Company's fruit preparation business.” ✓ confirmed on the page
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A International Flavors & Fragrances 10-Q filed 2021-11-08
“As a result, for the period ended September 30, 2021, such assets and liabilities were classified as held for sale” ✓ confirmed on the page
Market reaction: the shares moved +6.3% against the S&P 500 over the three sessions around the disclosure (5 Nov 2021 to 10 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
- Fruit preparation business divestiture
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: pending customary closing conditions; 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: disagreesClaude (Anthropic) re-read the evidence blind and read it as “Late”.
- Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the second check.
Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works
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Report an error in this entry Reference: KI-C-2021-IFF-014938 · Corrections policy