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