# SOMNIGROUP INTERNATIONAL INC. (SGI) — merger/definitive [pending]
Source: SEC API (secapi.ai) · situation sit_c7f88616c7bbb2980e41 · retrieved 2026-08-12T06:59:53.763Z

## Overview
Somnigroup International Inc. is the world's leading bedding company with superior capabilities in design, manufacturing, distribution and retail, serving consumers in more than 100 countries through its fully-owned businesses Tempur Sealy, Mattress Firm and Dreams, with portfolio brands including Tempur-Pedic®, Sealy®, Stearns & Foster®, and Sleepy's®.

Somnigroup International Inc. announced on April 13, 2026, that it has signed a definitive agreement to acquire Leggett & Platt, Incorporated, a diversified component manufacturer, in an all-stock transaction valued at approximately $2.5 billion (inclusive of Leggett & Platt's existing indebtedness), based on Somnigroup's closing stock price as of April 10, 2026. The transaction is expected to close by the end of the third quarter of 2026, subject to customary closing conditions including shareholder approval and regulatory approvals.

## Terms
- Counterparty: Leggett & Platt, Incorporated · Deal value: $2.50B · Consideration: stock

## Key dates
- Announced 2026-08-06 · Expected close 2026-09-30

## Timeline
- 2026-08-06 · 8-K (0001206264-26-000099): 8-K - SOMNIGROUP INTERNATIONAL INC. — *Somnigroup International Inc. is the world's leading bedding company with superior capabilities in design, manufacturing, distribution and retail, serving consumers in more than 100 countries through its fully-owned businesses Tempur Sealy, Mattress Firm and Dreams, with portfolio brands including Tempur-Pedic®, Sealy®, Stearns & Foster®, and Sleepy's®.* Somnigroup International Inc. announced on April 13, 2026, that it has signed a definitive agreement to acquire Leggett & Platt, Incorporated, a diversified component manufacturer, in an all-stock transaction valued at approximately $2.5 billion (inclusive of Leggett & Platt's existing indebtedness), based on Somnigroup's closing stock price as of April 10, 2026. The transaction is expected to close by the end of the third quarter of 2026, subject to customary closing conditions including shareholder approval and regulatory approvals.
  https://www.sec.gov/Archives/edgar/data/1206264/0001206264-26-000099.txt
- 2026-08-06 · 425 (0001206264-26-000101): 425 - SOMNIGROUP INTERNATIONAL INC. — *Somnigroup International Inc. (formerly Tempur Sealy International, Inc.) is a household furniture manufacturer.* On April 13, 2026, Somnigroup International Inc. announced a definitive agreement to acquire Leggett & Platt, Incorporated, a diversified component manufacturer, in an all-stock transaction valued at approximately $2.5 billion based on Somnigroup's closing stock price as of April 10, 2026 and inclusive of Leggett & Platt's existing indebtedness. The transaction is expected to close by the end of the third quarter of 2026, subject to customary closing conditions including approval by Leggett & Platt's shareholders and receipt of applicable regulatory approvals.
  https://www.sec.gov/Archives/edgar/data/1206264/0001206264-26-000101.txt

## Citations
- 0001206264-26-000099 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000120626426000099
- 0001206264-26-000101 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000120626426000101