Somnigroup completes $2.3B all-stock deal with Leggett & Platt
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Somnigroup Completes Combination with Leggett & Platt
August 26, 2026 12:40 PM EDT- Strengthens Global Platform, Deepens Vertical Integration and Expands Component Engineering ExpertiseÂ
- Reduces Net Leverage to Approximately 2.8 Times Adjusted EBITDA at Close
- Upsizes Annual Run-Rate Synergy Target to $75 Million, Up from Initial $50 Million Estimate
- Hosting Business Update Call on September 2, 2026
DALLAS, Aug. 26, 2026 /PRNewswire/ --Â Somnigroup International Inc. (NYSE: SGI, "Company" or "Somnigroup") today announced that it has completed... More
