Sealed Air to Host Conference Call to Discuss Highlights on the Divestiture of New Diversey to Bain Capital
March 27 2017 - 7:35AM
Business Wire
Sealed Air Corporation (NYSE:SEE) announced that it will host a
conference call and webcast later today at 11:00 a.m. (ET) to
discuss highlights on the sale of its Diversey Care division and
the food hygiene and cleaning business within its Food Care
division (together “New Diversey”) to Bain Capital Private
Equity.
Jerome A. Peribere, President and CEO, Carol P. Lowe, Senior
Vice President and CFO will conduct the investor conference call.
The conference call will be webcast live on the Investor
Relations home page at www.sealedair.com/investors. A
replay of the webcast will also be available thereafter.
Investors who cannot access the webcast may listen to the
conference call live via telephone by dialing (855) 472-5411
(domestic) or (330) 863-3389 (international) and use the
participant code 95564160. Telephonic replay of the webcast will be
available starting at 2:00 p.m. (ET) on Monday, March 27, 2017 and
end on Tuesday, April 25, 2017 at 11:59 p.m. (ET). To listen to the
replay, please dial (855) 859-2056 (domestic) or (404) 537-3406
(international) and use the confirmation code 95564160.
About the Company
Sealed Air Corporation creates a world that feels, tastes and
works better. In 2016, the Company generated revenue of
approximately $6.8 billion by helping our customers achieve their
sustainability goals in the face of today’s biggest social and
environmental challenges. Our portfolio of widely recognized
brands, including Cryovac® brand food packaging solutions, Bubble
Wrap® brand cushioning and Diversey® cleaning and hygiene
solutions, enables a safer and less wasteful food supply chain,
protects valuable goods shipped around the world, and improves
health through clean environments. Sealed Air has approximately
23,000 employees who serve customers in 171 countries. To learn
more, visit www.sealedair.com.
Website Information
We routinely post important information for investors on our
website, www.sealedair.com, in the "Investor Relations"
section. We use this website as a means of disclosing material,
non-public information and for complying with our disclosure
obligations under Regulation FD. Accordingly, investors should
monitor the Investor Relations section of our website, in addition
to following our press releases, SEC filings, public conference
calls, presentations and webcasts. The information contained on, or
that may be accessed through, our website is not incorporated by
reference into, and is not a part of, this document.
Forward-Looking
Statements
This press release contains “forward-looking statements” within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 concerning our business, consolidated
financial condition and results of operations. Forward-looking
statements are subject to risks and uncertainties, many of which
are outside our control, which could cause actual results to differ
materially from these statements. Therefore, you should not rely on
any of these forward-looking statements. Forward-looking statements
can be identified by such words as “anticipates,” “believes,”
“plan,” “assumes,” “could,” “should,” “estimates,” “expects,”
“intends,” “potential,” “seek,” “predict,” “may,” “will” and
similar references to future periods. All statements other than
statements of historical facts included in this press release
regarding our strategies, prospects, financial condition,
operations, costs, plans and objectives are forward-looking
statements. Examples of forward-looking statements include, among
others, statements we make regarding expected future operating
results, expectations regarding the results of restructuring and
other programs, anticipated levels of capital expenditures and
expectations of the effect on our financial condition of claims,
litigation, environmental costs, contingent liabilities and
governmental and regulatory investigations and proceedings. The
following are important factors that we believe could cause actual
results to differ materially from those in our forward looking
statements: the tax benefits associated with the Settlement
agreement (as defined in our 2016 Annual Report on Form 10-K),
global economic and political conditions, changes in our credit
ratings, changes in raw material pricing and availability, changes
in energy costs, competitive conditions, the success of the
separation of the Diversey Care and related hygiene business, the
success of our restructuring activities, currency translation and
devaluation effects, the success of our financial growth,
profitability, cash generation and manufacturing strategies and our
cost reduction and productivity efforts, the success of new product
offerings, the effects of animal and food-related health issues,
pandemics, consumer preferences, environmental matters, regulatory
actions and legal matters, and the other information referenced in
the “Risk Factors” section appearing in our most recent Annual
Report on Form 10-K, as filed with the Securities and Exchange
Commission, and as revised and updated by our Quarterly Reports on
Form 10-Q and Current Reports on Form 8-K. Any forward-looking
statement made by us is based only on information currently
available to us and speaks only as of the date on which it is made.
We undertake no obligation to publicly update any forward looking
statement, whether written or oral, that may be made from time to
time, whether as a result of new information, future developments
or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20170327005303/en/
Sealed Air CorporationInvestors:Lori Chaitman,
201-712-7310orMedia:Ken Aurichio, 917-693-5417
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