Barratt and Redrow merger is 'all about the land'
A new housebuilding powerhouse could deliver much-needed homes, but this deal ensures that a ‘slick operator’ acquires the necessary acres, insiders say
Source: thetimes.co.uk
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Barratt Developments to buy rival Redrow for £2.5bn
The combined firm - Barratt Redrow - will be the UK's largest residential developer. able to build around 23,000 homes a year.
Source: dailymail.co.uk
Bigger is not always better: The Barratt-Redrow deal is not built on solid foundations, says ALEX BRUMMER
An all British deal between FTSE100 firms is almost always preferable to an overseas or private equity takeover which weakens UK equity markets.
Source: dailymail.co.uk
Shares fall in the City as Barratt and Sainsbury's weigh on indexes
Wednesday trading also saw indexes in Germany and France dropping.
Source: lbc.co.uk
London close: Stocks slip as Barratt, Redrow announce merger
London's stock markets finished in the red on Wednesday, as investors digested fresh house price data as well as news of a big merger in the housebuilding sector.
Source: sharecast.com