Sumitomo Forestry to acquire Tri Pointe Homes in $4.5 billion all-cash deal

Japanese group Sumitomo Forestry has agreed to acquire U.S. homebuilder Tri Pointe Homes, Inc. in an all-cash transaction valued at approximately $4.5 billion, creating a larger U.S. platform aimed at expanding the supply of affordable, high-quality housing across key growth markets. Under the terms of the definitive agreement, Tri Pointe Homes stockholders will receive $47.00 per common share in cash. The offer represents a 29% premium to the company’s February 12, 2026 closing stock price and a 42% premium to its 90-day volume-weighted average price. The agreed price also exceeds ...