{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-105673","form_type":"8-K","ticker":"SON","cik":"0000091767","company_name":"SONOCO PRODUCTS CO","filed_at":"2025-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.600167+00:00","generated_at":"2026-05-17T01:02:17.443745+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sonoco completes sale of ThermoSafe to Arsenal for up to $725M","bullets":["Total purchase price up to $725M: $650M at closing (cash-free, debt-free) plus up to $75M in 2025 performance-based consideration.","Net proceeds from the divestiture will be used to repay existing debt.","Proforma net leverage ratio projected at ~3.4x (excluding additional consideration).","Sale concludes Sonoco's portfolio transformation into two core segments focused on metal and paper consumer/industrial packaging.","Transaction closed on November 3, 2025; financial advisor was Morgan Stanley & Co. LLC."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-105673","json":"https://secwatch.observer/filing/0001104659-25-105673.json","markdown":"https://secwatch.observer/filing/0001104659-25-105673.md","text":"https://secwatch.observer/filing/0001104659-25-105673.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/91767/000110465925105673/0001104659-25-105673-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/91767/000110465925105673/tm2529995d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:02:17.443745+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"}