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KB Home receives offer for Kaufman & Broad SA

KB Home, one of America's largest homebuilders, has received an offer of EUR 53.13 per share to purchase the 10,921,954 shares it owns in its French subsidiary Kaufman & Broad SA, which is listed on Euronext Paris. KB Home is currently evaluating that offer and is also evaluating other strategic alternatives, including a public or private offering of its shares in Kaufman & Broad SA or retaining its shares.



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