---
schema_version: "secwatch.filing_event.v1"
accession: "0001803599-23-000135"
form_type: "8-K"
ticker: "CNXC"
cik: "0001803599"
company_name: "Concentrix Corp"
filed_at: "2023-06-12T23:59:59+00:00"
generated_at: "2026-06-14T03:08:43.838729+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Concentrix (CNXC) signs definitive agreement to acquire Webhelp for €500M cash plus stock and earnout

## Summary
- Total consideration for Acquired Shares includes €500M cash, Parent common stock issuance, a Sellers' Note, and contingent Earnout Shares.
- Closing subject to stockholder approval of Parent Share Issuance (special meeting), antitrust/regulatory clearances, and other customary conditions.
- Works councils have been informed and consulted; transaction expected to close in 2023, with a marketing period for debt financing.
- Parent Board recommends the stock issuance; MiTac Holdings, a major stockholder, has executed a support agreement to vote in favor.
- Post-closing, certain Sellers will receive board representation rights under the Investor Rights Agreement executed on Put Option date.

## SEC filing metadata
- accession: 0001803599-23-000135
- form_type: 8-K
- ticker: CNXC
- cik: 0001803599
- company_name: Concentrix Corp
- filed_at: 2023-06-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803599/000180359923000135/0001803599-23-000135-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803599/000180359923000135/cnxc-20230612.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001803599-23-000135
- JSON: https://secwatch.observer/filing/0001803599-23-000135.json
- Plain text: https://secwatch.observer/filing/0001803599-23-000135.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
