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    1928 — Sekisui House News Story

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    Japan's Sekisui House to buy US homebuilder M.D.C. Holdings for $4.95 bln

    Picture of Sekisui House logoSekisui House
    18/01/2024 11:16
    TOKYO, Jan 18 (Reuters) - Japanese homebuilder Sekisui
House  1928.T  said on Thursday it would buy U.S. builder M.D.C.
Holdings  MDC.BLUE  for about $4.95 billion.
    Sekisui said in a statement it would pay $63 per share in
M.D.C., about a 19% premium to its closing price on Wednesday.

 (Reporting by Rocky Swift; editing by Jason Neely)
 ((rocky.swift@thomsonreuters.com;))

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