Close the acquisition of Systems Control
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
- 30 Oct 2023
- Due
- 31 Dec 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is anticipated to close by the end of 2023, subject to the satisfaction of customary closing conditions, including receipt of required regulatory approvals.”
What we found
Evidence strength A What the grades mean
The company's filings confirm that the acquisition of Systems Control was completed in 2023, meeting the stated deadline.
-
A Hubbell Incorporated 8-K filed 2024-04-30
“the impact of and ability to fully manage and integrate acquired businesses, including the recent acquisitions of EI Electronics LLC, Indústria Eletromecânica Balestro Ltda.; and Northern Star Holdings, Inc. (the Systems Control business)” ✓ confirmed on the page
-
A Hubbell Incorporated 10-Q filed 2024-10-30
“Ability to successfully manage and integrate an acquired business, such as the 2023 acquisitions of El Electronics LLC, Indústria Eletromecânica Balestro Ltda., and Systems Control” ✓ confirmed on the page
Market reaction: the shares moved -7.4% against the S&P 500 over the three sessions around the disclosure (29 Apr 2024 to 2 May 2024). What this measures
Checked 12 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
- acquisition of Systems Control
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to the satisfaction of customary closing conditions; receipt of required 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
Are you Hubbell Incorporated? You can publish an official statement next to this entry, free. Add a statement.
Is something here wrong or out of date? Companies and readers can ask us to check it. Please bring a link to a public source.
Report an error in this entry Reference: KI-C-2023-HUBB-007843 · Corrections policy