M&A
confidence high
sentiment neutral
materiality 0.60
Leggett & Platt HSR waiting period expires; merger on track for year-end 2026 close
LEGGETT & PLATT INC
- HSR waiting period expired on June 3, 2026, clearing one antitrust condition.
- Acquisition by Somnigroup International still subject to shareholder vote and other regulatory approvals.
- Remaining clearances needed: competition laws in Canada, EU, UK, South Korea; foreign investment OK in Austria.
- Conditions also include effectiveness of Parent's Form S-4 and absence of material adverse effect.
- Company expects transaction closing by year-end 2026.