By Benjamin Chiou
Date: Friday 22 Mar 2024
(Sharecast News) - Berenberg has cut its rating for housebuilder Redrow from 'buy' to 'hold' following the company's announced merger with Barratt Developments.
Under the terms of the deal announced last month, Redrow shareholders will get 1.44 Barratt shares for each Redrow share. At the time, Barratt's share price was...
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