{"schema_version":"secwatch.filing_event.v1","accession":"0001056288-21-000021","form_type":"8-K","ticker":"FHI","cik":"0001056288","company_name":"FEDERATED HERMES, INC.","filed_at":"2021-08-31T23:59:59+00:00","discovered_at":"2026-05-14T18:04:17.000764+00:00","generated_at":"2026-06-29T06:38:59.188761+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Federated Hermes completes acquisition of remaining 29.5% stake in Hermes Fund Managers for £116.5M","bullets":["Paid £116.5M (~$161.5M) for BTPS's 29.5% interest in HFML, using cash and credit facility.","BTPS no longer holds any ownership or board seat in HFML; remains a client with $12B AUM.","Hedged GBP payment via forward contract: £117.1M at 1.386345, settling $162.3M on Aug 31, 2021.","FHI now owns ~90% of HFML; remaining ~10% held in employee benefit trust.","Option Deed and Shareholders' Agreement terminated upon closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001056288-21-000021","json":"https://secwatch.observer/filing/0001056288-21-000021.json","markdown":"https://secwatch.observer/filing/0001056288-21-000021.md","text":"https://secwatch.observer/filing/0001056288-21-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1056288/000105628821000021/0001056288-21-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1056288/000105628821000021/fhi-20210831.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T06:38:59.188761+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}