Leggett & Platt sells Aerospace Products Group to Tinicum for $285M cash

LEGGETT & PLATT INC

Cash purchase price $285M; after-tax proceeds expected ~$240M.
Aerospace Products Group had net trade sales of $190M in 2024; 7 facilities, ~700 employees.
Part of ongoing strategic review; expected close in 2025 subject to regulatory approvals.
2025 full-year guidance excluding Aerospace will be issued after transaction closes.

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