Sealed Air Acquisition Clears Major EU Hurdle

The European Commission has granted its formal approval for the acquisition of packaging giant Sealed Air by the private equity firm Clayton, Dubilier & Rice (CD&R). This decision removes a pivotal regulatory obstacle, propelling the $10.3 billion transaction into its final stages.

For Sealed Air shareholders, the deal offers a cash payment of $42.15 per share. This price represents a substantial 41% premium over the company's stock price in August 2025, prior to market speculation about a potential sale. The offer also stands at a significant premium compared to the stock's average trading level in the months leading up to the official announcement.

The total enterprise value of the transaction is set at $10.3 billion. Upon successful completion, which is currently anticipated for mid-2026, Sealed Air will be delisted from the New York Stock Exchange as it transitions to private ownership.

Should investors sell immediately? Or is it worth buying Sealed Air?

EU Approval Paves the Way

Brussels-based competition regulators conducted their review under a simplified merger control procedure and concluded the deal raises no antitrust concerns. The Commission stated that the combined market positions of the involved parties are limited, allowing for an unconditional green light. This regulatory clearance was a mandatory condition for advancing the agreement, which was first announced in November 2025.

Final Steps and Market Context

Before the acquisition can be finalized, Sealed Air shareholders must still provide their formal approval, and other customary closing conditions need to be satisfied. The move exemplifies a broader market trend where publicly traded companies are being taken private through such deals, often seeking greater operational flexibility away from the scrutiny of public markets.