Barratt and Redrow £2.5bn merger agreed as monopoly fear allayed
Source: BBC
Getty Images/BloombergThe £2.5bn deal between Barratt and Redrow was agreed in AugustA £2.5bn merger of two housebuilding firms has been approved, after they allayed fears about the price of new homes in Shropshire and Cheshire.The Competition and Markets Authority (CMA) had raised concerns that Barratt's takeover of Redrow could affect the market in Whitchurch and nearby Nantwich.The companies each have a large…
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