Simpson Thacher Represents Sealed Air Corporation in Secondary Offering of Common Stock
11.27.12
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The Firm recently represented Sealed Air Corporation (“Sealed Air”) in connection with a secondary offering of 15,026,665 shares of common stock of Sealed Air by Commercial Markets Holdco, LLC.
Sealed Air is a global leader in food safety and security, facility hygiene and product protection. With widely recognized and inventive brands such as Bubble Wrap® brand cushioning, Cryovac® brand food packaging solutions and DiverseyTM brand cleaning and hygiene solutions, Sealed Air offers efficient and sustainable solutions that create business value for customers, enhance the quality of life for consumers and provide a cleaner and healthier environment for future generations. On a pro forma basis, Sealed Air generated revenue of $8.1 billion in 2011, and has approximately 26,300 employees who serve customers in 175 countries.
The Simpson Thacher team for the transaction included Risë Norman and Tony Rim (Capital Markets), Adam Wells (Tax), Adeeb Fadil and Noreen Lavan (Environmental), Jeanne Annarumma (Executive Compensation and Employee Benefits) and Danielle Kantor (IP).