Barratt joins the dash for cash

Oct. 1, 2009
Barratt and Redrow have become the latest housebuilders to announce that they are to seek to raise cash on the markets to fund growth in an improving market and to boost balance sheets. Barratt is seeking £720 million – £545 million through the rights issue and £175 million through placing 72.9million new shares at 240p – while Redrow is looking …

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