Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Knowles Corp entered into Purchase and Sale Agreement with Knowles Capital Holdings, Inc., Knowles Intermediate PD Holdings, LLC, Cornell Dubilier Electronics, Inc., CD Aero, LLC, Kaplan Electronics, Inc., certain shareholders, James P. Kaplan, and certain guarantors valued at aggregate consideration of $263 million, consisting of a $140 million cash payment at closing and an (effective 2023-09-15).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Knowles Capital Holdings, Inc., Knowles Intermediate PD Holdings, LLC, Cornell Dubilier Electronics, Inc., CD Aero, LLC, Kaplan Electronics, Inc., certain shareholders, James P. Kaplan, and certain guarantors
- Value
- aggregate consideration of $263 million, consisting of a $140 million cash payment at closing and an
- Effective
- 2023-09-15
Exact text from the filing
On September 15, 2023, Knowles Corporation, a Delaware corporation (the "Company"), entered into a Purchase and Sale Agreement (the "Purchase Agreement") with Knowles Capital Holdings, Inc., a wholly-owned subsidiary of the Company, Knowles Intermediate PD Holdings, LLC, a wholly-owned subsidiary of the Company, Cornell Dubilier Electronics, Inc., a Delaware corporation ("CDE"), CD Aero, LLC ("CDA"), Kaplan Electronics, Inc. ("Kaplan"), the parties listed as "Shareholders" on the signature pages attached thereto, James P. Kaplan, in his capacity as sellers' representative, and the parties listed as "Guarantors" on the signature pages attached thereto.
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