Close the acquisition of the TOM FORD brand
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
- 15 Nov 2022
- Due
- 30 Jun 2023
- Delivered
- by 28 Apr 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The acquisition is subject to certain conditions, including regulatory approvals, and is expected to close in the first half of calendar 2023.”
What we found
Evidence strength A What the grades mean
The company completed the acquisition of the TOM FORD brand during the fourth quarter of fiscal 2023, which ended June 30, 2023, meeting the first-half 2023 calendar deadline.
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A Estée Lauder Companies (The) 10-K filed 2023-08-18
“During fiscal 2023, we acquired 100% of the equity interests in 001 Del LLC (“001”) in exchange for $2,550 million in consideration (the “TOM FORD Acquisition”).” ✓ confirmed on the page
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A Estée Lauder Companies (The) 10-Q filed 2023-11-01
“The region also benefited from incremental royalty revenue associated with the fiscal 2023 fourth quarter acquisition of the TOM FORD brand.” ✓ confirmed on the page
Market reaction: the shares moved -8.1% against the S&P 500 over the three sessions around the disclosure (17 Aug 2023 to 22 Aug 2023). 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
- TOM FORD brand acquisition
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to certain conditions, including regulatory approvals
- 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-2022-EL-014100 · Corrections policy