Barratt Developments (GB:BDEV) has released an update.
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Barratt Developments PLC has successfully listed 476,309,120 new ordinary shares on the London Stock Exchange following its all-share offer to combine with Redrow PLC. This strategic move expands Barratt’s issued share capital to 1,450,901,381 shares, marking a significant moment in the company’s growth trajectory. An impending announcement is expected regarding the cessation of Redrow’s share trading, signifying the progression of the merger.
For further insights into GB:BDEV stock, check out TipRanks’ Stock Analysis page.
