CMA raises local competition concern in Barratt's £2.5bn acquisition of Redrow Homes.
CMA raises local competition concern in Barratt's £2.5bn acquisition of Redrow Homes, specifically in Whitchurch area, including Nantwich, Ellesmere, and Market Drayton. Barratt and Redrow hold high combined land share, raising concerns of higher prices and lower quality homes. The companies can submit proposals to address CMA's concerns, avoiding a more in-depth review. The merged business will still face competition nationally and in other overlapping local areas.
August 08, 2024
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