UK’s competition watchdog looks into Barratt’s £2.5bn Redrow takeover

CMA gathering information ahead of investigation to assess impact merger would have on competition

The UK’s competition watchdog has said it is looking into the proposed £2.5bn acquisition by the country’s biggest housebuilder, Barratt, of its rival Redrow.

The Competition and Markets Authority (CMA) said it was issuing a preliminary “invitation to comment” to allow interested parties to submit initial views on the impact the transaction could have on competition in the UK.