UK CMA clears $3.32bn Barratt-Redrow merger, paving way for integration

UK CMA clears $3.32bn Barratt-Redrow merger, paving way for integration

In a significant advancement in the United Kingdom’s homebuilding sector, Barratt Developments has received the necessary regulatory clearance for its $3.32 billion acquisition of Redrow. The UK’s Competition and Markets Authority (CMA) determined that the merger would not substantially reduce competition, thereby allowing the transaction to proceed following several undertakings proposed by both companies. This […]