{"schema_version":"secwatch.filing_event.v1","accession":"0001803599-23-000091","form_type":"8-K","ticker":"CNXC","cik":"0001803599","company_name":"Concentrix Corp","filed_at":"2023-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.642611+00:00","generated_at":"2026-06-17T08:14:06.757480+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Concentrix to acquire Webhelp for €1.2B cash/note plus 14.86M shares; $5.29B bridge loan arranged","bullets":["Total consideration: €500M cash + €700M seller note (2% interest, 2-year) + 14.86M shares + up to 750K earnout shares.","Bridge loan of $5.29B from JPMorgan to fund cash portion and refinance debt.","Voting agreement with Concentrix shareholders owning 15.3% to support share issuance.","Investor rights agreement grants GBL two board seats initially; lock-up periods up to 18 months.","Transaction expected to close before end of 2023, subject to works council consultations, HSR, and shareholder approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001803599-23-000091","json":"https://secwatch.observer/filing/0001803599-23-000091.json","markdown":"https://secwatch.observer/filing/0001803599-23-000091.md","text":"https://secwatch.observer/filing/0001803599-23-000091.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1803599/000180359923000091/0001803599-23-000091-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1803599/000180359923000091/cnxc-20230329.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T08:14:06.757480+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":"ecdafdc7378a4daefcb81d8b1a78d0a8b8a5343c","claim":"Concentrix Corp entered into Put Option and Share Purchase and Contribution Agreement with OSYRIS S.à r.l., Marnix Lux SA stockholders valued at €500 million cash + €700 million note + 14,861,885 shares + up to 750,000 earnout shares (effective 2023-03-29).","evidence_excerpt":"On March 29, 2023, Concentrix and OSYRIS S.à r.l., a private limited liability company ( société à responsabilité limitée ) incorporated under the laws of the Grand Duchy of Luxembourg and a direct wholly owned subsidiary of the Company (“Purchaser”), entered into a binding put option letter agreement (the “Put Option”) with certain stockholders (the “Beneficiaries”) of Marnix Lux SA, a public limited liability company ( société anonyme ) incorporated under the laws of the Grand Duchy of Luxembourg (“Webhelp Parent”) and the parent company of the Webhelp business.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1803599/000180359923000091/0001803599-23-000091-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"OSYRIS S.à r.l., Marnix Lux SA stockholders"},{"label":"Value","value":"€500 million cash + €700 million note + 14,861,885 shares + up to 750,000 earnout shares"},{"label":"Effective","value":"2023-03-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}