• Barratt £2.5bn takeover of Redrow clears final hurdle

    Barratt £2.5bn takeover of Redrow clears final hurdle
    Barratt’s £2.5bn purchase of rival house builder Redrow has been given the green light after the competition watchdog accepted measures to overcome its concerns.
    The Competion Markets Authority had expressed concern over a potential competition issue in an 11-mile area in Whitchurch, Shropshire. Here, there are four Barratt developments and one Redrow scheme.
    The two companies put forward measures including appointing property agents from Savills as a third party to sell the houses.T

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