Korn Ferry announced a definitive agreement to acquire AMS for approximately £850 million, funded by about £659 million in cash and £191 million in Korn Ferry common stock. The transaction uses a locked-box mechanism as of Dec. 31, 2025, with the stock consideration priced off a 20-day VWAP and protected by a collar of 85%–115% of $71.3815. Closing is subject to HSR and other UK and German antitrust approvals and is expected in the fiscal quarter ending Oct. 30, 2026. In support of the deal, Korn Ferry also entered into a Management Warranty Deed and secured a £85 million buyer-side R&W insurance policy as primary recourse for warranty breaches.
Agreement 1: Korn Ferry to Acquire AMS for £850 Million With Cash and Stock, Closing Targeted by Oct 2026
- Agreement type: Sale and Purchase Agreement for 100% of AMS
- Counterparty: Auxey Holdings; OMERS Administration; AMS Cayco; other sellers
- Signed / Effective: Jun 27 2026 / same
- Reason: Expand global talent advisory capabilities with AMS acquisition
Agreement 2: Korn Ferry Signs Management Warranty Deed Backed by £85 Million R&W Insurance for AMS Deal
- Agreement type: Management Warranty Deed and buyer-side R&W insurance
- Counterparty: AMS management sellers and other persons
- Signed / Effective: Jun 27 2026 / same
- Reason: Provide R&W protection and deal certainty for acquisition
Original SEC Filing:
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