{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-452698","form_type":"8-K","ticker":"CNH","cik":"0001567094","company_name":"CNH Industrial N.V.","filed_at":"2026-11-09T13:02:04+00:00","discovered_at":"2026-11-09T13:05:00.147571+00:00","generated_at":"2026-11-09T13:05:14.529510+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.82,"calibrated_materiality_score":0.82,"confidence":"high","headline":"CNH to sell 70% of construction equipment business to Kobelco at $1B enterprise value for $700M cash","bullets":["CNH receives $700M cash for 70% of the CE JV, equal to 70% of a $1B agreed enterprise value, adjusted for cash, debt and net working capital.","CNH retains a 30% stake; each party is subject to a three-year lock-up; Humayun Chishti expected to continue as CEO of the CE JV after closing.","Net proceeds earmarked to reduce debt; CNH says the deal makes it a pure-play agriculture company (Case IH, New Holland, STEYR, Raven) and is accretive to margins.","Expected to close by end of 2027, subject to Hart-Scott-Rodino and other merger control/foreign investment approvals; outside date March 30, 2028 with two 90-day extensions.","Pre-closing reorganization puts U.S. construction assets in Case Construction U.S. LLC and the rest in Case Construction UK Ltd; India construction unit sold to CE JV at closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-452698","json":"https://secwatch.observer/filing/0001193125-26-452698.json","markdown":"https://secwatch.observer/filing/0001193125-26-452698.md","text":"https://secwatch.observer/filing/0001193125-26-452698.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1567094/000119312526452698/0001193125-26-452698-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1567094/000119312526452698/d127826d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-09T13:05:14.529510+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"}