Acceptance of Undertakings in lieu: Completed acquisition by Barratt Developments plc of Redrow plc
The CMA has today accepted undertakings in lieu of reference to an in-depth, Phase 2 investigation given by Barratt and Redrow under section 73 of the Enterprise Act 2002. The completed acquisition by Barratt Developments plc of Redrow plc will therefore not be referred to an in-depth, Phase 2 investigation and the undertakings which have been signed by both Barratt and Redrow will come into effect from this date.
The text of this decision will be placed on the dedicated case page on the Competition and Markets Authority's website at Barratt/Redrow merger inquiry as soon as is reasonably practical.
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