Japan's Sumitomo Forestry to acquire US builder Tri Pointe Homes for about $4.5 bln
13/02/2026 06:54
TOKYO, Feb 13 (Reuters) - Japan's Sumitomo Forestry 1911.T agreed to acquire U.S. homebuilder Tri Pointe Homes TPH.N for $47.00 per share in cash, valuing the deal at about $4.5 billion, the companies said on Friday. The offer represents a 29% premium to Tri Pointe Homes' closing price on Thursday, the companies said in a joint statement. (Reporting by Satoshi Sugiyama; Editing by Jacqueline Wong) ((Satoshi.Sugiyama@thomsonreuters.com;))
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Brief: Tri Pointe Homes If Deal Is Terminated Under Some Circumstances, Co To Pay Fee Of $82.3 Million To Sumitomo Forestry