Barratt and Redrow to complete £2.5bn merger after clearance from competition watchdog

By Daniel Gayne2024-10-04T15:12:00

Housebuilders had been operating independently since August despite combining shares

The merger of Barratt and Redrow is set to be completed after the UK’s competition watchdog accepted undertakings offered by the housebuilders to avoid reducing competition.

After announcing the £2.5bn deal in February, Barratt officially took ownership of Redrow’s shares in August, with the smaller housebuilder removed from listing on financial markets.

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