UK’s largest housebuilder will waive conditions put on £2.5bn deal, set to be completed this week, from CMA
The housebuilder Barratt is pushing ahead with its £2.5bn takeover of rival Redrow this week despite concerns raised by the government’s competition watchdog.
Barratt said on Monday that it would waive conditions put on the deal – due to be completed this week – from the Competition and Markets Authority (CMA) after it found that the merger could disadvantage homebuyers in the area around a town in Shropshire.
