Brief: HNI Corporation To Acquire Steelcase Inc.
04/08/2025 14:21
Aug 4 (Reuters) - HNI Corp HNI.N: HNI CORPORATION TO ACQUIRE STEELCASE INC. HNI CORP - TO BUY STEELCASE IN $2.2 BILLION DEAL HNI CORP - STEELCASE SHAREHOLDERS TO RECEIVE $7.20 CASH AND 0.2192 HNI SHARES HNI CORP - ANNUAL RUN-RATE SYNERGIES EXPECTED TO TOTAL $120 MILLION HNI CORP - JEFFREY LORENGER TO LEAD COMBINED COMPANY HNI CORP: PROJECTS COMBINATION WILL BE HIGHLY ACCRETIVE TO NON-GAAP EPS STARTING 2027 Source text: ID:nBw5YlsHla Further company coverage: HNI.N ((Reuters.Briefs@thomsonreuters.com;))
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