.
MergerLinks Header Logo

New Deal


Announced

Barratt Developments to acquire Redrow for £2.5bn.

Financials

Edit Data
Transaction Value£2,524m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales1.2x
EV/EBITDA6.29x
Share Price Premium27.2%
One Off Charge-

Tags

Edit

United Kingdom

home construction

homebuilder

Construction Services

Acquisition

Domestic

Public

Pending

Single Bidder

Majority

Friendly

Synopsis

Edit

Barratt Developments, one of the largest residential property development companies in the United Kingdom, agreed to acquire Redrow, one of the largest British housebuilders, for £2.5bn. "Redrow and Barratt combined creates a leading UK homebuilder. Together, we'll be in a much better position to offer a broader range of high-quality and energy efficient homes to customers," Matthew Pratt, Redrow CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US