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$5.7B Industry Giant: HNI-Steelcase Merger Creates Workplace Furniture Powerhouse with Combined Sales
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$5.7B Industry Giant: HNI-Steelcase Merger Creates Workplace Furniture Powerhouse with Combined Sales
HNI Corporation to acquire Steelcase in major furniture industry consolidation. Combined company to have $5.7B in annual sales. Deal includes $450M note exchange offer at 5.125%, targeting Q4 2025 close.
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