SEE Moves Forward to Be Acquired by CD&R as 'Go-Shop' Period Closes

Core Insights - Sealed Air Corporation (SEE) has entered a "no-shop" period after its 30-day "go-shop" period expired without any competing offers, preventing negotiations with other potential buyers [1][8] - The acquisition deal with CD&R is expected to be completed by mid-2026, pending closing conditions [2] - The acquisition will enhance Sealed Air's Food and Protective businesses while maintaining a customer-first approach [3] Deal Details - The definitive agreement for the acquisition was signed in mid-November, with an enterprise value of $10.3 billion, offering Sealed Air shareholders $42.15 in cash per share, which represents a 41% premium based on the price as of August 14, 2025, and a 24% premium over the company's 90-day volume-weighted average price (VWAP) [4][5] - The deal will provide immediate payouts to shareholders at a substantial premium and allow the company to focus on its long-term strategy, with headquarters remaining in Charlotte, NC, and the company going private and delisting from the New York Stock Exchange [5] Stock Performance - Over the past year, Sealed Air's shares have increased by 23.4%, contrasting with a 26.2% decline in the industry [6]