Patience pays off in Sumitomo Forestry's $4.2bn deal for US homebuilder

Nikkei Asia | May 18, 2026, 6:04 p.m. | Original

TOKYO -- Japanese homebuilder Sumitomo Forestry was able to strike a $4.2 billion deal to take over U.S. peer Tri Pointe Homes (TPH) through persistent engagement with the target.

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