HNI bets on return-to-office with $2.2 billion deal for furniture maker Steelcase
- Posted on August 4, 2025
- By Business News Today
- 1 Views
HNI bets on return-to-office with $2.2 billion deal for furniture maker Steelcase
HNI will acquire Steelcase, an office furniture maker, for approximately $2.2 billion, anticipating increased demand due to companies returning to in-office work. Steelcase shareholders will receive $7.20 in cash and 0.2192 shares of HNI stock for each share, valuing Steelcase at $18.30 per share.
