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New Deal


Announced

Completed

Sekisui House completed the acquisition of M.D.C. Holdings for $4.9bn.

Financials

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Transaction Value£3,871m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium19%
One Off Charge-

Tags

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Cross Border

Acquisition

Majority

Friendly

home construction

Public

United States

Construction Services

Single Bidder

Completed

Synopsis

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Sekisui House, a residential developer that has delivered over two million homes for people around the globe, completed the acquisition of M.D.C. Holdings, an American home construction company, for $4.9bn. "We are excited to welcome MDC's management and employees to the Sekisui House team. Today marks a significant advancement of our strategy to expand in the US and bring the value of our philosophies and technology to US homebuilding. With MDC joining our group, we believe that we can become a one-of-a-kind entity in the US by combining Japanese and US technologies, and above all, sharing our passion for providing quality housing," Yoshihiro Nakai, Sekisui House President and CEO.

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