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Somnigroup International's Purchase of Leggett & Platt Secures EU Nod

MT Newswires·08/26/2026 06:18:41
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06:18 AM EDT, 08/26/2026 (MT Newswires) -- US homeware, textile, and flooring manufacturer Leggett & Platt's takeover by peer Somnigroup International received the European Commission's approval. The regulator said Wednesday that the transaction would not raise competition concerns due to the limited individual and combined market positions of the companies after the deal.