UK’s biggest housebuilder Barratt to buy rival Redrow for £2.5bn
by Jack Simpson from World news | The Guardian on (#6JEEK)
Companies reach agreement over all-share offer and combined group will have turnover of more than 7bn
The UK's biggest housebuilder, Barratt, is planning to buy the rival Redrow in a deal worth more than 2.5bn.
An update to the market this morning revealed the two companies had reached an agreement over an all-share offer from Barratt, which will result in it cementing its position as the country's largest housebuilder.
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