10Feb94 UK: REDROW CONSIDERS STOCK MARKET FLOAT.
Redrow, the Clwyd house builder, is considering floating its shares on the stock market.Deputy chairman Paul Pedley said: 'We have been reviewing the possibility of taking Redrow public.'If the market remains firm, we will give it very serious consideration over the next few weeks.'Redrow, which recently acquired Costain Homes, sold 1,105 units in 1992. In the year ending June 1993, it raised pre-tax profits by 30 per cent to £13.3 million.The firm, which also has commercial development, ..