Japan’s Sekisui House To Acquire Woodside Homes
Builder Online
By John McManus –
The owners of Woodside Homes have agreed to sell the 40-year old entity, ranked 27 in the Builder 100, to Japan’s largest home building enterprise Sekisui House in a deal with an estimated value in excess of $468 million. The transaction–which transfers ownership of all shares of the company including equity interests of BUILDER parent-company Hanley Wood majority owners Oaktree AC (35.7%), Stonehill Institutional Partners (33.4%) and 12 other “owners” whose stakes total 30.9%–is set to close March 1.
About author
You might also like
William Lyon Homes Releases Earnings Results, Misses Expectations
William Lyon Homes (WLH) announced its most recent quarterly financial results on Wednesday, Feb-22-2017. WLH reported $0.60 earnings per share for the quarter, missing the analyst consensus estimate by $-0.07.
Deal Catapults Irvine Builder into Ranks of Nation’s Largest Builders
From start-up to behemoth, in five short years Irvine-based TRI Pointe homes catapults itself into the ranks of the nation’s largest builders (by unit closing volume) through its $2.8B merger
MDC Logs 4Q Earnings Miss
MDC Holdings, which builds under the brand name Richmond American Homes, reported 4Q 2014 earnings of $14.6M or 41 cents per share (adjusted up from 30 cents per share to
