Shake up in housebuilding sector as Redrow board backs merger with Barratt
Proposed deal has been given the blessing of Redrow founder, Steve Morgan
Source: thebusinessdesk.com
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Barratt Developments £2.5 million bid for Redrow, creating an exceptional UK homebuilder
Barratt Developments and Redrow have agreed to a recommended all-share offer, combining their reputations for quality and service in the UK homebuilding industry. The combination will accelerate home delivery and offer shareholders an opportunity for future value creation.
Source: directorstalkinterviews.com
Barratt's £2.5bn Redrow merger to cost 800 jobs as offices face closure
Barratt Developments has agreed to buy rival housebuilder Redrow in a £2.5 billion deal, which could lead to the loss of 10% of the combined workforce
Source: mirror.co.uk
Barratt and Smurfit Kappa bookend FTSE 100
Stock prices in London were lower at midday Wednesday, with Barratt Developments and Smurfit Kappa sitting either side of the FTSE 100 index. Barratt has agreed to takeover FTSE 250 rival Redrow, in...
Source: marketscreener.com
Futures Pointing To Initial Strength On Wall Street
The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to add to the modest gains posted during yesterday's choppy trading session.
Source: rttnews.com