---
title: "HNI & Steelcase shareholders approve acquisition proposal; Closing date set for Dec 10, 2025."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/268799667.md"
description: "Shareholders of HNI Corporation and Steelcase Inc. have approved proposals related to HNI’s planned acquisition of Steelcase. The acquisition, pending finalization, will involve a significant transaction valued at approximately $2.4 billion. The approval from the shareholders marks a crucial step forward in the process of merging the two corporations. The companies, based in Muscatine, Iowa, and Grand Rapids, Michigan, respectively, are working towards a successful completion of the acquisition deal."
datetime: "2025-12-05T20:38:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/268799667.md)
  - [en](https://longbridge.com/en/news/268799667.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/268799667.md)
generator: "portal-rs"
---

# HNI & Steelcase shareholders approve acquisition proposal; Closing date set for Dec 10, 2025.

Shareholders of HNI Corporation and Steelcase Inc. have approved proposals related to HNI’s planned acquisition of Steelcase. The acquisition, pending finalization, will involve a significant transaction valued at approximately $2.4 billion. The approval from the shareholders marks a crucial step forward in the process of merging the two corporations. The companies, based in Muscatine, Iowa, and Grand Rapids, Michigan, respectively, are working towards a successful completion of the acquisition deal.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**