Somnigroup to acquire Leggett & Platt in $2.5 billion all-stock deal

Somnigroup International agreed to acquire Leggett & Platt in an all-stock transaction valued at about $2.5 billion, with Leggett & Platt shareholders receiving 0.1455 Somnigroup shares per share. The deal is expected to close by year-end 2026, subject to approvals.

“Somnigroup will acquire Leggett & Platt in an all-stock transaction valued at approximately $2.5 billion based on Somnigroup's closing share price on April 10, 2026.”nasdaq.com

• 1 source
• nasdaq.comSomnigroup International, the World's Leading Bedding Company, to Acquire Leggett & Platt, A Diversified Component Manufacturer and Key Somnigroup Supplier, in an All-Stock Transaction | NasdaqApr 13, 2026

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