thames water - Search News

Thames Water, KKR and Bloomberg

Bloomberg L.P. · 1h

KKR Is Said to Make £4 Billion Equity Bid for Thames Water

KKR & Co. offered to inject nearly £4 billion ($5 billion) into Thames Water for a majority stake in the beleaguered utility, according to people familiar with the matter.

KKR offers UK's Thames Water $5 billion for majority stake, Bloomberg News reports

U.S. private equity group KKR has offered nearly 4 billion pounds ($5 billion) to Britain's Thames Water for a majority stake in the utility, Bloomberg News reported on Wednesday, citing people familiar with the matter.

Business Insider · 1h

KKR offers $5B for majority stake in Thames Water, Bloomberg says

KKR (KKR) offered to inject $5B into Thames Water for a majority stake, Priscila Azevedo Rocha, Dinesh Nair and Giulia Morpurgo of Bloomberg

Thames Water, High Court

Thames Water secures £3bn lifeline after court ruling

Thames Water has won a crucial High Court battle to secure a £3bn rescue loan, staving off the prospect of the debt-laden company coming under government control. The UK's largest water and waste company was set to run out of cash by the end of March and would have likely been placed into temporary nationalisation to keep services running.

Hosted on MSN · 22h

UK's Thames Water wins approval for 3 billion pound debt lifeline

Britain's Thames Water secured court approval for a 3 billion pound ($3.8 billion) debt lifeline on Tuesday, warding off the collapse and state rescue of the country's biggest water supplier. The government had been on standby to put Thames Water,

Left Foot Forward · 6h

Campaigners blast court decision to approve £3 billion Thames Water loan

Campaigners have called Thames Water’s £3 billion bailout, approved by the courts yesterday, a “massive injustice”. Thames Water is already struggling with debts of £19 billion and requested another £3 billion loan, warning that without it, they would have run out of cash in six weeks.

1d

Thames Water secures £3bn emergency loan to stave off collapse

Thames Water has staved off the immediate threat of nationalisation after a £3bn emergency loan was approved by the High ...

8h

Six major water firms including Thames Water want to hike bills even higher

Water regulator Ofwat is already allowing water firms to increase bills by an average of £157 over the next five years - but ...

6h

Group of Thames Water creditors lose alternative restructuring plan bid

England’s biggest water company – had a restructuring scheme involving up to £3 billion in loans sanctioned on Tuesday.

23h

Six UK water companies lodge appeals against regulator's pricing regime

British water regulator Ofwat said on Tuesday six water utilities have appealed its pricing regime, highlighting the tension ...

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