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Stock impact report

Sealed Air agrees $10.3bn takeover by CD&R [Yahoo! Finance]

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: Yahoo! Finance
The deal, approved by Sealed Air's board, is expected to close in mid-2026. Sealed Air will become privately held, retain its headquarters in Charlotte, North Carolina, and be delisted from the New York Stock Exchange. Sealed Air board chairman Henry Keizer stated: “After careful review of strategic alternatives over the past year, the board is confident that this transaction delivers significant value and is in the best interests of our stockholders and the company. “Furthermore, this transaction represents a realisation of immediate and certain value for Sealed Air stockholders at a substantial premium and enables the company to execute its long-term strategic vision.” Under the agreement, US packaging manufacturer's shareholders will receive $42.15 per share in cash. The agreement provides a 30-day "go-shop" to solicit alternative bids, plus up to 15 additional days to negotiate with qualified bidders. Equity financing will be provided by CD&R-affiliated investment fun Show less Read more
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