Somnigroup completes all-stock merger with Leggett & Platt - LEG News | RalliesSomnigroup completes all-stock merger with Leggett & Platt
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LEG• Merger completion and share conversion terms
- Leggett & Platt completed its merger with Somnigroup International in an all-stock transaction.
- Each Leggett & Platt share converts into 0.15 Somnigroup shares.
- Leggett & Platt shares are set to be delisted from the NYSE on Aug. 27, 2026.
- In Brazil, each Leggett & Platt BDR converts into 0.58 Somnigroup BDRs, based on holders of record Aug. 26, 2026.
- Fractional entitlements from the conversion will be paid in cash, net of any withholding tax.
