By Ian Walker Housebuilder Barratt Developments has agreed to buy smaller peer Redrow in an all-share deal, creating a company with a market value of over.
By Joe Hoppe Barratt Developments saw a slump in pretax profit as sales dropped in a difficult macroeconomic environment, but tightened upwards its full-year.
Britain's biggest homebuilder Barratt Developments agreed on Wednesday to purchase rival Redrow for £2.52 billion ($3.18 billion) as signs emerged of a.