Somnigroup Engages in Discussions with Leggett & Platt for Potential Acquisition
ByAinvest
Tuesday, Jan 20, 2026 6:32 am ET1min read
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Somnigroup International Inc. has welcomed Leggett & Platt Inc.'s decision to engage in discussions and due diligence for a potential acquisition. Somnigroup remains committed to pursuing a transaction that will deliver substantial value to shareholders of both companies, and believes its proposed all-stock transaction for $12 per share represents fair value for Leggett & Platt. Completion of the transaction is contingent upon reaching a definitive agreement and satisfying customary closing conditions.
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