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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

UK’s competition watchdog looks into Barratt’s £2.5bn Redrow takeover

Barratt Redrow CMA United Kingdom Barratt Redrow
A Barratt homes sign at a Barratt housing development near Haywards Heath
Barratt Redrow would be expected to build about 23,000 homes a year. Photograph: Peter Nicholls/Reuters

The UK’s competition watchdog has said it is looking into the proposed £2.5bn acquisition by the country’s biggest housebuilder, Barratt, of its rival Redrow.

The Competition and Markets Authority (CMA) said it was issuing a preliminary “invitation to comment” to allow interested parties to submit initial views on the impact the transaction could have on competition in the UK.

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