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NY Post: Henkel in talks to buy Sealed Air’s professional cleaning unit

Feb. 08, 2017 3:43 PM ETSealed Air Corporation (SEE) StockSEE, HENKYBy: Carl Surran, SA News Editor
  • Sealed Air (SEE +1.6%) moves higher following a NY Post report that German consumer conglomerate Henkel (OTCPK:HENKY) is in talks to buy its professional cleaning unit, possibly for more than $3B.
  • A sale could fetch in excess of $3B, according to the report, but SEE bought the Diversey unit for $4.3B in 2011.
  • SEE announced in October it planned to spin off Diversey, as well as its food hygiene and cleaning businesses to shareholders.

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