IN BRIEF: Barratt Developments becomes Barratt Redrow after clearance

Barratt Developments PLC - Leicestershire, England-based housebuilder - Announces change of name to Barratt Redrow PLC. Comes after UK Competition and Markets Authority approves merger with Redrow. Trading under the new name starts Monday. Further, appoints Matthew Pratt as Chief Executive Officer, Redrow and Group Executive Director. Pratt is currently the Chief Executive of Redrow. Geeta Nanda and Nicky Dulieu are appointed Non-Executive Directors.

Current stock price: 482.10 pence, up 0.2% in London on Friday

12-month change: up 18%

By Jeremy Cutler, Alliance News reporter

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