Edition:
United Kingdom

Sumitomo Forestry to fully acquire houses firm for $370 mln


Friday, 27 Apr 2018 

April 27 (Reuters) - Sumitomo Forestry Co Ltd <1911.T>:Says it will fully acquire new company to be established by Crescent Communities, LLC for $370 million (about 39.3 billion yen), via Sumitomo Forestry America, Inc., effective June .The new company will be engaged in apartment building development, business complex development and detached houses business . 

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