Barratt poised for action following rights issue

Nov. 17, 2009
Barratt has announced that it is in a “strong position” to buy land and open new sites after its rights issue completed this month. Reporting on its interim management statement covering the period from 1 July to 8 November 2009, the volume housebuilder said it expected its net debt to stand at around £700 million as of 31 December 2009 …

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