Thames Water has been dealt a blow after US private equity giant KKR pulled out of plans for a rescue deal to inject much-needed cash into the troubled utility. Britain’s biggest water supplier ...

LONDON (Reuters) -Thames Water suffered a major setback in its fight to avoid nationalisation on Tuesday as it said U.S. private equity firm KKR had pulled out of a multi-billion pound rescue plan.

Thames Water bosses recalled before MPs to face grilling on bonuses and rescue - Ofwat has confirmed that £2.5 million of bonus payments made to 21 senior Thames Water executives in April cannot ...

Thames Water said private equity company KKR decided not to make a bid and its status as preferred bidder had lapsed. The utility said it is talking to “senior creditors” about an alternative ...

Results revealed losses at Britain's biggest water company rocketed last year - as bosses were given another grilling by MPs ...

Thames Water has been wrestling with its huge £20bn debt pile and is seeking to stave off the threat of nationalisation.

Right after the withdrawal of KKR & Co. Inc. (NYSE:KKR), Thames Water is now pursuing discussions on the senior creditors’ plan with Ofwat, a government body aimed at the economic regulation of ...

apologised to MPs after being recalled to a hearing amid concerns over transparency at the water giant. Asked about Thames' ...

Now, however, Thames Water says KKR is not “in a position to proceed” and that its preferred bidder has dropped out. KKR's withdrawal comes just days after talks with Downing Street officials ...

KKR & Co. (NYSE: KKR) has pulled out of Thames Water's equity raising process, the utility said Tuesday. The US alternative asset manager “will not be in a position to proceed, and its preferred ...

“KKR has indicated that it will not be in a position to proceed,” Thames Water said in a statement. Chairman of Thames Water, Sir Adrian Montague, said, “Whilst today’s news is ...