Complete the sale of its 49 percent interest in Coop Mineraloel AG
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 Oct 2024
- Due
- 31 Mar 2025
- Delivered
- 31 Jan 2025
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is subject to approval by the Swiss Competition Commission. It is expected to close in the first quarter of 2025.”
What we found
Evidence strength A What the grades mean
Phillips 66 completed the sale of its 49 percent interest in Coop Mineraloel AG on January 31, 2025, which is within the first quarter of 2025.
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A Phillips 66 10-Q filed 2025-04-25
“On January 31, 2025, we sold our 49% ownership interest in Coop Mineraloel AG (Coop) and settled the foreign currency forward contracts entered into in connection with the asset sale.” ✓ confirmed on the page
Market reaction: the shares moved -0.1% against the S&P 500 over the three sessions around the disclosure (24 Apr 2025 to 29 Apr 2025). What this measures
Checked 17 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
- Complete
- Deliverable
- 49 percent interest in Coop Mineraloel AG
- Where
- Switzerland
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to approval by the Swiss Competition Commission
- 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: 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-2024-PSX-010240 · Corrections policy