Friday, May 11, 2007

UPDATE 1-KB Home mulls sale of French stake, other options

(Reuters) - KB Home, which has seen its shares battered by a slowdown in the U.S. housing industry, said it was evaluating the offer and was also considering a public or private offering of the shares, retaining the stake or other alternatives.

The offer totals about 580 million euros , but far below the 59.30 euros the stock was trading at Friday.


Read more at Reuters.com Bonds News

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