Announced
Financials
Tags
United Kingdom
home construction
homebuilder
Construction Services
Acquisition
Domestic
Public
Pending
Single Bidder
Majority
Friendly
Synopsis
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.
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