BUZZ-Leggett & Platt jumps after Somnigroup's acquisition proposal

Reuters

Dec 01

** Shares of diversified manufacturer Leggett & Platt LEG.N rise 9.4% to $11.22 premarket after Somnigroup International's SGI.N all-stock acquisition proposal

** LEG shareholders to receive SGI common stock valued at $12 under the proposal, for every LEG share they hold

** Offer represents a premium of over 16% to LEG's last close of $10.26; stock logged its eighth session of gains, its longest win streak since October 2019

** LEG had a market capitalization of $1.39 bln, as of Friday's close, while SGI was at $19.21 bln - data compiled by LSEG

** All four analysts covering LEG stock rate it "hold" - data compiled by LSEG

** Up to last close, LEG shares up 6.9% YTD

(Reporting by Anastasiia Kozlova in Gdansk)

((Anastassia.Kozlova@thomsonreuters.com))

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Platt jumps after Somnigroup's acquisition proposal</title></head><body><p>** Shares of diversified manufacturer Leggett &amp; Platt <span>LEG.N</span> rise 9.4% to $11.22 premarket after Somnigroup International's <span>SGI.N</span> all-stock acquisition proposal </p><p>** LEG shareholders to receive SGI common stock valued at $12 under the proposal, for every LEG share they hold </p><p>** Offer represents a premium of over 16% to LEG's last close of $10.26; stock logged its eighth session of gains, its longest win streak since October 2019</p><p>** LEG had a market capitalization of $1.39 bln, as of Friday's close, while SGI was at $19.21 bln - data compiled by LSEG </p><p>** All four analysts covering LEG stock rate it \"hold\" - data compiled by LSEG</p><p>** Up to last close, LEG shares up 6.9% YTD</p><p> (Reporting by Anastasiia Kozlova in Gdansk)</p><p> ((Anastassia.Kozlova@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4095","symbol_name":"家庭装饰品","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251201:nL4N3X70US:1","article_id":"2588672224","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588672224","pubTimestamp":1764591724,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Leggett & Platt jumps after Somnigroup's acquisition proposal** Shares of diversified manufacturer Leggett & Platt LEG.N rise 9.4% to $11.22 premarket after Somnigroup International's SGI.N all-stock acquisition proposal ** LEG shareholders to receive SGI common stock valued at $12 under the proposal, for every LEG share they hold ** Offer represents a premium of over 16% to LEG's last close of $10.26; stock logged its eighth session of gains, its longest win streak since October 2019** LEG had a market capitalization of $1.39 bln, as of Friday's close, while SGI was at $19.21 bln - data compiled by LSEG ** All four analysts covering LEG stock rate it \"hold\" - data compiled by LSEG** Up to last close, LEG shares up 6.9% YTD  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4095":"家庭装饰品","LEG":"礼恩派","BK4585":"ETF&股票定投概念","SGI":"泰浦陛迪国际公司"},"translate_title":"BUZZ-Leggett&Platt在Somnigroup提出收购提议后股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SGI":0.9,"LEG":0.9},"content_text":"BUZZ-Leggett & Platt jumps after Somnigroup's acquisition proposal** Shares of diversified manufacturer Leggett & Platt LEG.N rise 9.4% to $11.22 premarket after Somnigroup International's SGI.N all-stock acquisition proposal ** LEG shareholders to receive SGI common stock valued at $12 under the proposal, for every LEG share they hold ** Offer represents a premium of over 16% to LEG's last close of $10.26; stock logged its eighth session of gains, its longest win streak since October 2019** LEG had a market capitalization of $1.39 bln, as of Friday's close, while SGI was at $19.21 bln - data compiled by LSEG ** All four analysts covering LEG stock rate it \"hold\" - data compiled by LSEG** Up to last close, LEG shares up 6.9% YTD (Reporting by Anastasiia Kozlova in Gdansk) ((Anastassia.Kozlova@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}