08-08-2024 08:36 via constructionenquirer.com

Barratt Redrow merger hinges on local competition concern

The competition watchdog has ruled that Barratt’s £2.5bn deal to purchase rival Redrow Homes raises competition concerns in Shropshire that must be resolved to clear the way for the mega-merger
The Competition and Markets Authority said that both house builders currently hold a high combined share of land in the area centred around the Barratt development at Tilstock Road in Whitchurch with the addition of Redrow’s development at Kingsbourne in Nantwich.
It warned if the deal g
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