Barratt agrees to buy rival Redrow in deal worth £2.5bn

barratt

Acquisition will create a £7.5bn-turnover housebuilding giant

Barratt has agreed a deal to buy rival Redrow in a deal worth £2.5bn.

The acquisition of Redrow’s entire share capital will create a housebuilding giant with a combined turnover of £7.5bn. The pair between them delivered more than 22,000 homes last year.

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