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(Reuters) -U.S. investment firms Silver Point Capital and Elliott Management are formulating a 10-billion-pound-plus ($13.53 ...
The setback increases the possibility that the company will collapse into a government-supervised administration.
Funds including Silver Point Capital and Elliott Management are working on a rescue plan for British utility Thames Water that would total more than £10 billion ($13.5 billion), according to people ...
Thames Water customers face the prospect of a £230 jump in their annual bills to help secure its future, after a potential ...
Thames Water suffered a major setback in its fight to avoid nationalisation on Tuesday as it said U.S. private equity firm ...
Senior bondholders propose injecting equity to match KKR’s defunct bid but plan needs approval from Ofwat and courts ...
A week later, Ofwat, the industry regulator, announced it was hitting Thames with a record £123m in fines for sewage spills ...
Thames Water's senior creditors said there was a "short and closing window" for a market-led rescue of the water company ...
British utility Thames Water says a U.S. investment firm has dropped a rescue bid for the debt-burdened company.
A homeowner in Hawley, near Gatwick, says he’s been left frustrated and disheartened after receiving just £30 in compensation ...
The water company said KKR’s decision not to proceed with the equity raised the prospect of nationalization.
When one has manoeuvred oneself into a corner, frantic wriggling only causes further scrapes. That could reasonably describe ...
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