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 […]

UK’s largest homebuilder to emerge as Barratt Developments and Redrow merger nears completion

UK’s largest homebuilder to emerge as Barratt Developments and Redrow merger nears completion

In a significant development for the UK housing market, Barratt Developments and Redrow have reached a critical milestone in their proposed £2.5 billion all-share merger. The United Kingdom’s Competition and Markets Authority (CMA) has completed its Phase 1 investigation into the transaction, largely clearing it on a national level but raising concerns in a specific […]