Rise of housebuilding ‘superleague’ predicted in wake of Barratt’s deal for Redrow as analysts brush off regulatory worries

By Daniel Gayne2024-02-08T12:42:00

Yesterday’s £2.5bn move has analysts wondering who might be next to join forces – and reduce risk of being picked off themselves

Barratt’s move to buy rival Redrow in a deal worth £2.5bn could be a signal of confidence about the outcome of a competition inquiry, analysts say.

The takeover, which would see the creation of a housebuilding giant with a combined turnover of £7.5bn, is subject to approval by the Competition and Markets Authority (CMA) and comes against the backdrop of an ongoing probe into the sector by the watchdog.

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