Close the divestiture of the Mobility business to BYD Electronic
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
- 27 Sep 2023
- Due
- 31 Aug 2024
- Delivered
- 29 Dec 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is anticipated to close within the first two quarters of Jabil’s current fiscal year 2024”
What we found
Evidence strength A What the grades mean
Jabil completed the divestiture of its Mobility Business to an affiliate of BYD Electronic on December 29, 2023, which falls within the first two quarters of its 2024 fiscal year.
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A Jabil 10-K filed 2024-10-28
“On December 29, 2023 (“the Closing Date”), we completed the sale of our product manufacturing business in Chengdu, including its supporting component manufacturing in Wuxi (the “Mobility Business”) to an affiliate of BYD Electronic” ✓ confirmed on the page
Market reaction: the shares moved -0.8% against the S&P 500 over the three sessions around the disclosure (25 Oct 2024 to 30 Oct 2024). 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
- divestiture of Mobility business
- Where
- China
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to closing conditions; including 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
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Report an error in this entry Reference: KI-C-2023-JBL-005033 · Corrections policy