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Leggett & Platt Opens Books to Somnigroup, Exploring Takeover Despite Rejecting $1.63 Billion Bid

Araverus Team|Tuesday, January 20, 2026 at 12:30 PM

Araverus Team

Jan 20, 2026 · 12:30 PM

Acquisition · Leggett & Platt · NDA · Somnigroup

Acquisition Leggett & Platt NDA Somnigroup

Leggett & Platt has entered a non-disclosure agreement with Somnigroup to explore a potential acquisition, despite previously rejecting Somnigroup's $12 per share offer as undervaluing the company.

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Leggett & Platt Opens Books to Somnigroup, Exploring Takeover Despite Rejecting $1.63 Billion Bid

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Leggett & Platt Opens Books to Somnigroup, Exploring Takeover Despite Rejecting $1.63 Billion Bid

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