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Builder Redrow's Chairman Proposes PE Takeover

By Kaitlin Ugolik (August 31, 2012, 3:50 PM EDT) -- Bridgemere Securities Ltd., Toscafund Asset Management LLP and Penta Capital LLP, three private equity firms led by the chairman of British homebuilder Redrow PLC, told investors Friday that they were considering making a 152 pence ($2.41) per-share offer for Redrow....

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