secwatch.observer — SEC 8-K summary
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Issuer:     OSHKOSH CORP (OSK)
CIK:        0000775158
Form:       8-K
Filed at:   2023-05-30T23:59:59+00:00
Accession:  0001104659-23-065661
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oshkosh Corp. to acquire JBT AeroTech for $800M in cash
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- Oshkosh entered into Stock and Asset Purchase Agreement to acquire all shares of JBT AeroTech from John Bean Technologies for $800M in cash, subject to adjustments.
- Transaction expected to close by November 26, 2023, subject to HSR and foreign direct investment approvals.
- Funding from cash on hand and existing revolving credit facility; Section 338(h)(10) election to be made.
- Parties have customary termination rights; can terminate if not closed by Nov 26, 2023, with 2-month extension for regulatory approvals.
- Oshkosh procuring a representations and warranties insurance policy for the transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/775158/000110465923065661/0001104659-23-065661-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/775158/000110465923065661/tm2317217d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-065661

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