Shareholders of HNI Corporation and Steelcase Inc. have approved proposals in connection with HNI's proposed acquisition of Steelcase.
Closing Date anticipated to be December 10, 2025.
Final milestones achieved ahead of the anticipated closing date.
Shareholder Approval
Shareholders of both HNI Corporation and Steelcase Inc. voted in favor of key proposals regarding the acquisition.
Closing Date
The closing date for the acquisition is expected to be December 10, 2025, pending customary closing conditions.
Voting Results
High percentages of shareholders from both companies voted in favor of the proposals, indicating strong support.
- The approval of the proposals marks a significant step towards the successful acquisition of Steelcase by HNI Corporation.
- The high shareholder turnout and positive voting results demonstrate confidence in the merger process.
The shareholder approval and upcoming closing date signal a positive path for HNI Corporation's acquisition of Steelcase Inc., showcasing investor confidence in the transaction.