Close the sale of the Ste. Michelle Wine Estates business
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
- 9 Jul 2021
- Due
- 31 Dec 2021
- Delivered
- 1 Oct 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Altria expects the Transaction to close during the second half of 2021, subject to Sycamore Partners obtaining the necessary financing and the satisfaction of customary closing conditions, including antitrust regulatory clearance.”
What we found
Evidence strength A What the grades mean
Altria successfully completed the sale of its Ste. Michelle Wine Estates business on October 1, 2021, which falls within the second half of 2021.
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A Altria Group, Inc. 10-K filed 2022-02-25
“On October 1, 2021, UST sold its subsidiary, International Wine & Spirits Ltd. (“IWS”), which included Ste. Michelle Wine Estates Ltd.” ✓ confirmed on the page
Market reaction: the shares moved +3.6% against the S&P 500 over the three sessions around the disclosure (24 Feb 2022 to 1 Mar 2022). What this measures
Checked 2 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
- Ste. Michelle Wine Estates business
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to Sycamore Partners obtaining the necessary financing; satisfaction of customary closing conditions; antitrust regulatory clearance
- Depends on
- Regulatory, Financing, 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-MO-004162 · Corrections policy