secwatch.observer — SEC 8-K summary
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Issuer:     DENTSPLY SIRONA Inc. (XRAY)
CIK:        0000818479
Form:       8-K
Filed at:   2024-12-03T23:59:59+00:00
Accession:  0000818479-24-000099
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

German criminal probe into Dentsply Sirona's 2016-2017 loans; interim CFO named
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- German authorities searched Company sites in Bensheim and Hanau on Nov 7, 2024 as part of criminal investigation into post-merger intercompany loans.
- Investigation examines arm's length structuring and interest deductibility for tax years 2016-2017; no charges filed.
- Company intends to fully cooperate and assert its positions, including pursuing appeals as necessary.
- Appointed Herman V. Cueto as interim CFO, effective immediately; he previously served as CFO of Azenta Life Sciences.
- CEO Simon Campion continues as principal financial officer until permanent CFO is appointed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/818479/000081847924000099/0000818479-24-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/818479/000081847924000099/xray-20241203.htm
  HTML page:      https://secwatch.observer/filing/0000818479-24-000099

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