{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-030277","form_type":"8-K","ticker":"SON","cik":"0000091767","company_name":"SONOCO PRODUCTS CO","filed_at":"2025-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.807648+00:00","generated_at":"2026-05-24T01:21:30.969610+00:00","sec_items":["2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Sonoco completes $1.8B sale of Thermoformed & Flexibles Packaging to Toppan; proceeds to reduce debt","bullets":["Sold TFP and global Trident business to TOPPAN Holdings for $1.8B cash, subject to customary adjustments.","After-tax cash proceeds of ~$1.5B will be used to reduce leverage, per CEO Howard Coker.","Transaction includes ~4,500 employees moving to Toppan; Sonoco to focus on sustainable metal and fiber packaging.","Sonoco will report Q1 2025 results on April 29, 2025, with a conference call on April 30."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-030277","json":"https://secwatch.observer/filing/0001104659-25-030277.json","markdown":"https://secwatch.observer/filing/0001104659-25-030277.md","text":"https://secwatch.observer/filing/0001104659-25-030277.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/91767/000110465925030277/0001104659-25-030277-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/91767/000110465925030277/tm2510853d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T01:21:30.969610+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":[{"claim_id":"0f6347204c5c06024cec888fc73acdadb9f97676","claim":"SONOCO PRODUCTS CO completed a disposition involving TOPPAN Holdings Inc. for $1.8 billion (closed 2025-04-01).","evidence_excerpt":"Inc., a Japanese corporation (“ Buyer ”) (such sale, the “ Transaction ”). Under the terms of the Purchase Agreement, the aggregate cash purchase price paid by Buyer was $1.8 billion, as adjusted in accordance with the terms of the Purchase Agreement and subject to customary post-closing adjustments as set forth in the Purchase Agreement. In connection with","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/91767/000110465925030277/0001104659-25-030277-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"TOPPAN Holdings Inc."},{"label":"Consideration","value":"$1.8 billion"},{"label":"Closing","value":"2025-04-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}