Announced
Financials
Tags
Majority
Pending
Acquisition
Australia
selling
home construction
Construction Services
Friendly
Single Bidder
Cross Border
Private
Synopsis
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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