Wolves owner set to take housing group Redrow private
31st August 2012
Steve Morgan, chairman, Wolverhampton Wanderers
REDROW, the publicly listed housing group headed by Wolverhampton Wanderers owner Steve Morgan, could be set to re-enter private hands.The property and leisure group Bridgemere Securities, owned by Mr Morgan has made an approach to the board of the housing group with a potential offer.Toscafund Asset Management, which holds 13.8% of the housing group’s shares, together with Penta Capital are allied with Bridgemere should the offer be forthcoming.Bridgemere is already a significant shareholder in Redrow and it owns the Wolves ......for the full story register now for free or login below...





