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The U.S. private equity firm KKR, which has been selected as the ‘preferred bidder’ for the takeover of Thames Water, gave a ...
The new network of pipes has already intercepted 6.8 million tons of sewage and runoff that might otherwise have spilled into ...
In Parliament, Labour Lord Sikka condemned Thames Water’s nominated future owner saying it would “multiply” the firm’s problems.
Over the course of Macquarie ’s ownership of Thames Water, the water utility leaked £2.7bn in dividends and its debt grew from £3.4bn to £10.8bn. Thames now teeters on the brink of insolvency — and an ...
A preferred buyer for the UK’s largest water company would “multiply” the problems of the troubled utility firm, it has been ...
Thames Water preferred buyer ‘would multiply problems’, Lords told - The company is hoping to finalise terms of a possible ...
Chris Hughes is a Bloomberg Opinion columnist covering deals. Previously, he worked for Reuters Breakingviews, the Financial Times and the Independent newspaper. KKR & Co. is eyeing one of the ...
The broader Class A group is represented by Akin Gump Strauss Hauer & Feld LLP and Jefferies Financial Group Inc. Spokespeople for Thames Water, Elliott, Silver Point and KKR declined to comment.
KKR has shot into the spotlight recently, having been picked as a preferred bidder by troubled utility giant Thames Water. England’s biggest water firm is looking to secure a buyer to help stabilise ...
At Thames Water, the company and Government are relying on the kindness of strangers, in the shape of the original 'Barbarians at the Gate' KKR, to come to its rescue with a £3billion or so ...
I am deeply unpersuaded that KKR provides any of that. Sadly it would appear that Thames Water’s customers are now scripting what I suspect will be the latest chapter in this ongoing sorry tale ...
Thames Water is hoping to finalise terms of a possible deal with KKR in the second quarter, with aims to complete in the second half of the year. Chris Weston, Thames Water chief executive ...