secwatch.observer — SEC 8-K summary
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Issuer:     SOMNIGROUP INTERNATIONAL INC. (SGI)
CIK:        0001206264
Form:       8-K
Filed at:   2026-04-13T23:59:59+00:00
Accession:  0001140361-26-014337
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1206264/000114036126014337/0001140361-26-014337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1206264/000114036126014337/ef20070363_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-014337

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