# Somnigroup (SGI) — News

SGI · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/sgi/news

## Recent headlines

- [S&P: Leggett & Platt downgraded to 'BB+' from 'BBB-' on Somnigroup purchase outlook positive](https://www.ainvest.com/news/leggett-platt-downgraded-bb-bbb-somnigroup-purchase-outlook-positive-2609) — AInvest Wire, Sep 8, 2026
- [Fitch affirms Somnigroup Intl following Leggett & Platt purchase corrects error](https://www.ainvest.com/news/fitch-affirms-somnigroup-intl-leggett-platt-purchase-corrects-error-2609) — AInvest Wire, Aug 31, 2026
  Fitch Ratings has affirmed its credit rating for Somnigroup International following a review prompted by the company’s acquisition of Leggett & Platt’s mattress support systems business. The review was initiated to assess the impact of the transaction on Somnigroup’s financial profile and…
- [Moody's Ratings upgrades Somnigroup's ratings, downgrades Leggett's ratings; concluding review; outlook stable](https://www.ainvest.com/news/moody-ratings-upgrades-somnigroup-ratings-downgrades-leggett-ratings-concluding-review-outlook-stable-2608) — AInvest Wire, Aug 27, 2026
- [Somnigroup International announces new president of Leggett & Platt](https://www.ainvest.com/news/somnigroup-international-announces-president-leggett-platt-2608) — AInvest Wire, Aug 26, 2026
  Somnigroup International has appointed Tyson Hagale as the new president of Leggett & Platt, which operates as a business unit within Somnigroup following its acquisition in an all-stock transaction valued at approximately $2.5 billion. Hagale succeeds Karl Glassman, who will continue to lead…
- [Leggett & Platt acquisition by Somnigroup cleared in EU](https://www.ainvest.com/news/leggett-platt-acquisition-somnigroup-cleared-eu-2608) — AInvest Wire, Aug 26, 2026

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