AcquisitionsApr 13, 2026, 07:01 AM
Somnigroup to acquire Leggett & Platt for $2.5B in all-stock deal
AI Summary
Somnigroup International Inc. announced a definitive agreement to acquire Leggett & Platt, Incorporated. The acquisition will be an all-stock transaction, valued at approximately $2.5 billion. This strategic move is expected to significantly impact both companies' market positions.
Key Highlights
- Somnigroup to acquire Leggett & Platt.
- All-stock transaction.
- Deal valued at approximately $2.5 billion.