Somnigroup Seeks to Buy Leggett & Platt for About $1.6 Billion

Somnigroup International submitted a proposal to acquire Leggett & Platt in an all-stock deal worth approximately $1.63 billion.

WSJ • Dec 1, 2025

Leggett & Platt shares rally after Somnigroup makes $1.6B all-stock bid

Shares of US furniture and bedding manufacturer Leggett & Platt rose sharply on Monday by almost 15% after Somnigroup International said it had submitted an offer to acquire the company in an all-stock deal valued at $1.63 billion.

Invezz • Dec 1, 2025

Somnigroup Proposes to Acquire Leggett & Platt in All-Stock Transaction

Proposal represents 30.3% premium to the average closing price of Leggett & Platt's shares during the last 30 trading days Combination would provide Leggett & Platt shareholders with significant premium and opportunity to participate in combined company growth DALLAS , Dec. 1, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE: SGI, "Company" or "Somnigroup") today announced that it submitted a proposal to the Board of Directors of Leggett & Platt Inc. (NYSE: LEG) to acquire all outstanding common shares of Leggett & Platt in an all-stock transaction (the "Proposal"). Under the terms of the Proposal, Leggett & Platt shareholders would receive shares of Somnigroup common stock with a market value of $12.00 for every one share of Leggett & Platt common stock, based on a fixed exchange ratio to be agreed.

PRNewsWire • Dec 1, 2025

Leggett & Platt Confirms Receipt of Unsolicited Proposal from Somnigroup International Inc.

No Shareholder Action Required at This Time CARTHAGE, Mo. , Dec. 1, 2025 /PRNewswire/ -- Leggett & Platt confirmed that it has received an unsolicited proposal from Somnigroup International Inc. (NYSE: SGI) ("Somnigroup") to acquire all the outstanding shares of Leggett & Platt in an all-stock transaction.

PRNewsWire • Dec 1, 2025

Why Is Legget & Platt (LEG) Down 5.8% Since Last Earnings Report?

Legget & Platt (LEG) reported earnings 30 days ago. What's next for the stock?

Zacks Investment Research • Nov 26, 2025

Should Value Investors Buy Leggett & Platt (LEG) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks Investment Research • Nov 17, 2025

Leggett & Platt Announces Quarterly Dividend of $.05

CARTHAGE, Mo. , Nov. 6, 2025 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the fourth quarter of 2025.

PRNewsWire • Nov 6, 2025

Are Investors Undervaluing Leggett & Platt (LEG) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks Investment Research • Oct 30, 2025

Best Income Stocks to Buy for Oct. 30th

HTBK, EBMT and LEG made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 30, 2025.

Zacks Investment Research • Oct 30, 2025

Why Leggett & Platt Stock Is Skyrocketing Today

Leggett & Platt's third-quarter sales missed Wall Street's target, but investors are still loving the company's latest report. The company narrowed its sales and earnings targets for the year in positive directions.

The Motley Fool • Oct 28, 2025