Sekisui House expands its footprint in the U.S. with the MDC acquisition. (Photo by Nikkei)

NARUSHI NAKAI, Nikkei staff writer |

OSAKA — Japanese homebuilder Sekisui House said Friday that it completed a roughly $4.9 billion acquisition of U.S.-based peer MDC Holdings.

The Sekisui House group expands its homebuilding operations in the U.S. to 16 states with this deal.

Read More