Sealed Air Completes the Sale of Its Diversey Care Division and Food Hygiene and Cleaning Business
Sealed Air Corporation (SEE)
Last sealed air corporation earnings: 2/11 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
ir.sealedair.com
Company Research
Source: Business Wire
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE:SEE) announced today that it has completed the sale of its Diversey Care division and the food hygiene and cleaning business within its Food Care division to Bain Capital Private Equity for approximately $3.2 billion. “We will use the proceeds of the sale to repay debt, maintain our net leverage ratio in the range of 3.5 to 4.0 times, repurchase shares and invest in our core business and targeted M&A activity,” said Jerome A. Peribere, Sealed Air President and Chief Executive Officer. “Sealed Air is well positioned for profitable growth and strong cash flow. We will be driven by a proven business model, enhanced strategic focus and improved ability to optimize capital allocation and invest in new disruptive technologies.” Peribere added, “Sealed Air will continue to be a leading knowledge-based business focused on food, product and m
Show less
Read more
Impact Snapshot
Event Time:
SEE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SEE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SEE alerts
High impacting Sealed Air Corporation news events
Weekly update
A roundup of the hottest topics
SEE
News
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sealed Air Corporation - SEEGlobeNewswire
- Contract Packaging Market to Reach $233 Billion by 2033; Expansion of E-Commerce Packaging Enterprises to Propel Growth [Yahoo! Finance]Yahoo! Finance
- SEE and Ossid Create Strategic Partnership To Offer New Sustainable Tray Overwrapping Total Solution [Yahoo! Finance]Yahoo! Finance
- Plastic Food Packaging Market Size Expected to Reach USD 88.28 Bn by 2032 [Yahoo! Finance]Yahoo! Finance
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sealed Air Corporation - SEEPR Newswire
SEE
Earnings
- 2/27/24 - Beat
SEE
Sec Filings
- 4/19/24 - Form 4
- 4/11/24 - Form ARS
- 4/11/24 - Form DEF
- SEE's page on the SEC website