Acquisition | MDC HOLDINGS INC | 22nd April 2024
Initially announced on January 18, 2024 SEKISUI HOUSE LTD ORD made a cash offer for MDC HOLDINGS INC of USD 63 per MDC HOLDINGS INC share held. MDC HOLDINGS INC shareholders approved the Acquisition on April 2, 2024. Pending the completion of customary closing conditions, the Acquisition is expected to be completed on April 19, 2024. Trading in shares of MDC HOLDINGS INC is expected to be halted effective April 19, 2024.
The treatment below will be applied to the following indices:
- MDC HOLDINGS INC will be removed from the Index.
- The weight of MDC HOLDINGS INC (MDC.N) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 22/04/2024
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