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Form 8-K · Current Report · Filed 2026-08-25

Somnigroup International Inc. Anticipates Closing Merger with Leggett & Platt

Somnigroup International Inc. has received all requisite regulatory approvals for the closing of its merger with Leggett & Platt, Incorporated. The merger, which was previously announced on April 13, 2026, is expected to close as early as August 26, 2026. Under the terms of the Merger Agreement, Sparrow Unity Corporation, a direct, wholly owned subsidiary of Somnigroup, will merge with and into Leggett & Platt, with Leggett & Platt surviving the Merger as a direct wholly owned subsidiary of Somnigroup.

Filer
Somnigroup International Inc. SGI · NYSE
Filed
Accession
0001206264-26-000117
CIK
0001206264
Signal
High impactConsumer Cyclical

Items reported

Item events

Reported Item

M&A Transaction Regulatory Approval Corporate Update

Market reaction

Close before filing

$64.31

Next session

-2.3%

Since filing

+5.5%

Latest close

$67.82

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from SGI reporting the same item, with the next session's move:

Somnigroup Reports Q2 2026 Results and Declares Dividend-6.2%
Somnigroup Releases Updated Investor Presentation-6.2%
Somnigroup International Refinancing Credit Facilities to Lower Cost of Capital+0.8%
Somnigroup International Inc. Merger Waiting Period Expired+0.9%
Somnigroup International Increases Authorized Common Shares-3.5%

Insider tape

Within 45 days of this filing, SGI insiders reported 25 Form 4 transactions — net buying of $1.9M.

Full SGI insider history →

About Somnigroup International Inc.

Somnigroup International Inc. is a global bedding company that designs, manufactures, markets, and distributes sleep products for consumers and businesses worldwide. Headquartered in Dallas, Texas, it focuses on providing mattresses, bedding accessories, and integrated sleep solutions spanning a range of comfort and performance needs. The company operates through well-known brands such as Tempur-Pedic, Sealy, Stearns & Foster, and Sleepy’s, and leverages a broad omnichannel presence that includes wholesale, retail, and direct-to-consumer channels. Somnigroup International Inc. serves customers in more than 100 countries through fully owned businesses and extensive retail networks, including large specialty mattress retailers and branded stores. Its role in the financial market is tied to the global sleep and home furnishings industry, where it acts as a scale player with vertically integrated design, manufacturing, and distribution capabilities. By supplying products to a wide range of retail partners as well as selling directly to consumers, Somnigroup International Inc. functions as a key provider of branded sleep products in both developed and emerging markets.

Exchange NYSE Industry Furnishings, Fixtures & Appliances Company website ↗

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