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Barratt and Redrow forge ahead with £2.5bn merger despite competition worries

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August 19, 2024
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The planned £2.5bn merger between British housebuilders Barratt Developments and Redrow Plc is expected to proceed, despite concerns raised by the competition regulator. Barratt announced on Monday its plans to move forward with the acquisition of its rival, with the intention to begin the process this week. However, until the competition watchdog gives its final approval, the two companies will…

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