Japan's Sumitomo Forestry to acquire US builder Tri Pointe Homes for about $4.5 bln
ReutersFeb 13, 2026 6:54 AM
TOKYO, Feb 13 (Reuters) - Japan's Sumitomo Forestry 1911.T agreed to acquire U.S. homebuilder Tri Pointe Homes TPH.N for $47.00 per share in cash, valuing the deal at about $4.5 billion, the companies said on Friday.
The offer represents a 29% premium to Tri Pointe Homes' closing price on Thursday, the companies said in a joint statement.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
This $1 Trillion AI Stock Is Getting Ready for 2026: Is Meta a Good Buy?
When ads and commerce are factored in, Meta is building a long-term platform—in Augmented Reality and smart glasses — to get us closer to the future of AI. This device hardware business is less profitable than ads right now, but it could grow the company’s ecosystem and open up new ways for it to maTradingKey
23 hours ago
Wall Street’s $54B Anchor: How BlackRock’s IBIT Defies 2026 Crypto Volatility to Lead Institutional Adoption
BlackRock’s IBIT hits $54.12B AUM as of Feb 2026. Explore how the BlackRock Bitcoin ETF defies market volatility and why Wells Fargo now accepts BTC as Tier 1 collateral.TradingKey
Thu, Feb 12
Is SaaS Dead? The Truth Behind the Software Meltdown, the Missing Floor, and the Peak That’s Not Coming Back
TradingKey - A trillion dollars just vanished from software stocks—this piece breaks down who AI is really killing, who quietly benefits, and why cheap SaaS may be the biggest value trap of this cycle.TradingKey
Thu, Feb 12
Best AI Tools for Stock Analysis in 2026 to Boost Your Investment Portfolio
As Artificial Intelligence (AI) continues to enhance everyday decision-making, these tools will allow us to leverage artificial intelligence to analyse stocks and optimise our investment portfolio.TradingKey
Wed, Feb 11
Silver Faces Sixth Consecutive Year of Supply Deficit, How Much Upside Is Left in 2026?
TradingKey - According to the 2026 Silver Market Outlook recently released by the Silver Institute, the current robust performance of the silver market remains supported by solid fundamentals. The report indicates that the global silver market is expected to face a structural supply-demand imbalanceTradingKey
Wed, Feb 11
