Shares of British housebuilder Barratt Redrow drop 8% due to permit delays impacting growth.
Barratt Redrow Shares Drop 8% Barratt Redrow, a UK home builder, reported a completion of a household that fell short of its guidance until June 29th and announced a £100 million ($134.5 million) share buyback program. The company anticipates adjusted profits for the full year to align with market expectations. By the end of the […]
Barratt’s £2.5bn takeover of Redrow makes sense … for Barratt | Nils Pratley
TBarratt Developments’ proposed £2.5bn takeover of smaller rival Redrow will increase the supply of new homes in the UK and give customers more homes, executives of both companies said. It was a “fascinating opportunity” to do many useful things, including: More choices. At least that’s what they will tell the Competition and Markets Authority (CMA). […]