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January 23, 2024

Japan's Sekisui House buying Denver-based homebuilder for $4.9B

By ALEX VEIGA
AP Business Writer

LOS ANGELES — Japan's Sekisui House Ltd. is buying Denver-based homebuilder M.D.C. Holdings for $4.9 billion in a deal that would make the Japanese company the fifth-largest builder of new homes in the U.S.

The companies said Thursday that they reached a definitive agreement for Osaka-based Sekisui to acquire M.D.C. Holdings for $63 per share.


 
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