Company: PRMB
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0002042694-25-000015
Chunk: 150

Company: Primo Brands Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 150
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, with the excess of the purchase price over the fair value of Primo Water’s net assets recorded as goodwill:($ in millions)Fair ValuePurchase PriceEstimated fair value of equity instruments:Class A common stock issued to Primo Water shareholders$3,883.2Replacement share-based payment awards:Stock options12.7Performance-based RSUs converted into time-based RSUs39.6Time-based RSUs13.7Other awards1.1Total consideration$3,950.3

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The table below summarizes the originally reported estimated acquisition date fair values, measurement period adjustments recorded and the final purchase price allocation of the assets acquired and the liabilities assumed:($ in millions)Originally ReportedMeasurement Period AdjustmentsAcquired ValueCash, cash equivalents and restricted cash$665.9$—$665.9Trade receivables144.1—144.1Inventories53.1(1.1)52.0Prepaid expenses and other current assets45.8—45.8Current assets held for sale74.6—74.6Property, plant, and equipment592.6(11.1)581.5Operating lease right-of-use-assets150.92.5153.4Intangible assets1,836.7(1.2)1,835.5Other non-current assets7.1—7.1Non-current assets held for sale122.1—122.1Current portion of long-term debt(16.8)—(16.8)Trade payables(145.5)—(145.5)Accruals and other current liabilities(397.3)—(397.3)Current portion of operating lease obligations(27.2)—(27.2)Current liabilities held for sale(88.0)—(88.0)Long-term debt, less current portion(1,223.1)1.8(1,221.3)Operating lease obligations, less current portion(127.6)(2.5)(130.1)Deferred income taxes(420.9)1.0(419.9)Other non-current liabilities(18.2)—(18.2)Non-current liabilities held for sale(36.1)—(36.1)Total identifiable net assets acquired$1,192.2$(10.6)$1,181.6Goodwill2,758.110.62,768.7Purchase price$3,950.3$—$3,950.3Measurement period adjustments recorded during the six