Somnigroup to acquire Leggett & Platt in all-stock deal valued at ~$2.5B

SOMNIGROUP INTERNATIONAL INC.

Transaction at 0.1455 Somnigroup shares per LEG share; LEG shareholders to own ≈9% of combined company.
Combined 2025 pro forma: ~$11.2B revenue, ~$1.7B adjusted EBITDA, ~$1.1B operating cash flow.
Expected to close by year-end 2026, subject to LEG shareholder vote and regulatory approvals.
Anticipated cost synergies of $50M annual run-rate adjusted EBITDA, with $10M in first 12 months.
Deal accretive to adjusted EPS before synergies in year one; Somnigroup leaves LEG bond debt in place.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.