Somnigroup International, the World's Leading Bedding Company, to Acquire Leggett & Platt, A Diversified Component Manufacturer and Key Somnigroup Supplier, in an All-Stock Transaction

– Continues vertical integration strategy, enhancing consumer-centric innovation – Expands addressable market in bedding and into non-bedding industries – Reduces financial leverage and drives operating cash flow – Drives immediate adjusted EPS accretion before synergies – Creates...