The Competition & Markets Authority (CMA) has closed its investigation into Barratt Development’s acquisition of Redrow, paving the way for the £2.5 billion merger.
Redrow
A proposed £2.5 billion merger between UK housebuilders Barratt Developments and Redrow looks set to go ahead despite concerns from the competition regulator.
Barratt’s £2.5 billion deal to purchase rival Redrow Homes has raised competition concerns in a local area around an existing Barratt development, the Competition and Markets Authority (CMA) has found.
A proposed £2.5 billion merger between two of the UK's largest housebuilders has gained the support of shareholders of both companies.
The Competition and Markets Authority (CMA) has opened an investigation into the proposed £2.5 billion acquisition of Redrow by Barratt Developments.
As many as eight of the biggest housebuilders in the UK may be sharing commercially sensitive information with their competitors, the Competition and Markets Authority (CMA) has revealed today as it published its final report on the housebuilding market in Great Britain.
The boards of UK housebuilders Barratt Developments and Redrow have agreed a merger deal, which prices Redrow at £2,524 million.
McInnes Gardner Architects have seen off competition from hundreds of entrants to win a Sunday Times Homes Awards competition to solve Britain’s housing crisis. The Glasgow practice’s ArcHouse is intended to serve as a template for low-cost volume housing within planned new garden cities which w
Steve Morgan Housebuilder Redrow has reported rising orders and prices but blamed “political posturing” for having a detrimental impact on the time taken to grant planning permissions in many parts of the country.