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New Deal


Announced

Asahi Kasei to acquire a 40% stake in McDonald Jones Homes.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned40%
Capital Bid For40%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Pending

Acquisition

Australia

selling

home construction

Construction Services

Friendly

Single Bidder

Cross Border

Private

Synopsis

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Asahi Kasei, a multinational Japanese chemical company, agreed to acquire a 40% stake in McDonald Jones Homes, a provider of home building services. Financial terms were not disclosed. Asahi Kasei Homes has identified the overseas business as a pillar of new business in its current medium-term business plan, and is focused on developing its operations in Australia and North America.

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