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Sealed Air Inks $10.3 Billion Agreement to Be Acquired by CD&R
ZACKSยท 2025-11-18 18:56
Core Insights - Sealed Air Corporation (SEE) has entered into a definitive agreement with CD&R for an all-cash acquisition valued at $10.3 billion, aligning with its transformation strategy [1][6] - Shareholders will receive $42.15 per share, reflecting a 41% premium over the stock price as of August 14, 2025, and a 24% premium above the 90-day volume-weighted average price (VWAP) [2][6] - The acquisition has been approved by Sealed Air's Board of Directors and is expected to close by mid-2026, with the company going private and remaining headquartered in Charlotte, NC [3][6] Financial Performance - In Q3 2025, Sealed Air reported adjusted earnings per share of 87 cents, exceeding the Zacks Consensus Estimate of 68 cents, marking a 10.1% year-over-year increase [4] - Total sales for the quarter were $1.35 billion, surpassing the Zacks Consensus Estimate of $1.31 billion, with a year-over-year increase of 0.5% despite a 1% decline in volumes [4] Stock Performance - Over the past year, Sealed Air's shares have increased by 22.8%, contrasting with a 31.5% decline in the broader industry [5]