CMA launches investigation into £2.5bn Barratt-Redrow merger HOUSING The competition watchdog has launched a formal investigation into the £2.5bn tie-up between Barratt and rival housebuilder Redrow.
Plans for an Asda ‘town centre’ linking London’s Old Oak and Park Royal property The Issa brother-owned grocer has entered into an agreement with developer Barratt, on a Brownfield site, currently home to a superstore, marking a "significant milestone" for the firm.
Competition watchdog probes Barratt’s multi-billion pound Redrow deal Property The competition watchdog is to investigate Barratt’s £2.5bn acquisition of rival housebuilder Redrow.
FTSE 100 live: London closes in the red as Barratt and Sainsbury’s drag index lower February 7, 2024 The biggest news in London this morning was the merger between FTSE 100 house-builder Barratt and Redrow, which is listed on the FTSE 250.
‘Barratt Redrow’ merger to highlight investors’ skewed opinions on UK housing market February 7, 2024 Shares in major FTSE 100 and 250 housebuilders suffered a mixed day so far on the London market, as Barratt Developments' surprise £2.5bn megamerger with Redrow highlighted investors' skewed opinions on the state of UK housing.
Barratt sinks and Redrow jumps after £2.5bn megamerger announced February 7, 2024 Two of Britain's leading homebuilders, Barratt and Redrow, have announced a merger agreement worth £2.5bn.
Barratt: FTSE 100 developer will bank on mortgage cuts for sales lift February 3, 2024 Barratt Developments will update investors on its half year trading performance this Wednesday, with hopes that cooling mortgage rates will boost its balance sheet.
Barratt warns of ‘uncertain’ year ahead as number of house builds falls October 18, 2023 The London-listed firm said it only built 9,221 homes down from 13,000 compared to the same period last year.
Barratt Developments: Housebuilder blames mortgage misery for plummeting profits September 6, 2023 The number of homes the company built also declined 3.9 per cent during the term to 17,206, as a series of interest rate hikes by the Bank of England made buyers cautious.
Vistry Group: Will Bovis housebuilder show signs of a rebound amid shareholder revolt? September 3, 2023 Investors will turn their focus to Vistry Group’s half year results on Thursday to see if the housebuilder has shown signs of rebounding amid a tussle between shareholders over its chief’s hefty pay rise. At its general meeting last week, some 45 per cent of shareholders voted against plans to double the annual bonus given [...]