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1928 Sekisui House

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3622.0
0.00.00%

20min DelayMarket to Open Jan 21 15:30 JST

2.40TMarket Cap11.71P/E (Static)

Sekisui House Stock Forum

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Jan 19, 2024 04:49

Columns Significant Consolidation in the US Homebuilder Sector: Do Institutional Investors Eye Opportunities in Undervalued Assets?

Sekisui House, a premier Japanese homebuilder, announced that it has reached a definitive agreement for a subsidiary of Sekisui House to acquire MDC Holdings, Inc. in an all-cash transaction valued at $4.9 billion. MDC Holdings, Inc. is one of the leading residential builders in the US. The offer represents a premium of approximately 19% over MDC's closing stock price on the...

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