Barratt Developments PLC is proceeding with its planned £2.5 billion ($3.2 billion) acquisition of Redrow PLC, despite concerns from the UK's competition regulator. The merger between the two British housebuilders is set to go ahead this week. Barratt has decided not to wait for formal approval from the regulator, indicating confidence in the deal's completion.
PropertyPal and Propertynews announce merger https://t.co/RmFSgKrlbt
Barratt Developments PLC has decided to go ahead and complete its approximately £2.5 billion ($3.2 billion) acquisition of rival homebuilder Redrow PLC this week without waiting for a green light from the U.K.'s competition regulator. https://t.co/JdGzxhCJ1J
A planned £2.5bn merger between British housebuilders Barratt Developments and Redrow Plc looks set to go ahead despite concerns from the competition regulator Read more 🔗 https://t.co/sVzS7rXxfY