Japan's Sumitomo Forestry to acquire US builder Tri Pointe Homes for about $4.5 bln

Tri Pointe Homes (Delaware)

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;))