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Results revealed losses at Britain's biggest water company rocketed last year - as bosses were given another grilling by MPs ...
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 has been wrestling with its huge £20bn debt pile and is seeking to stave off the threat of nationalisation.
KKR & Co. withdrew its bid to invest £4 billion ($5.4 billion) in Thames Water when the US infrastructure giant realized there was little upside to a deal, according to people familiar with ...
Thames Water said KKR KKR 2.85% pulled out of an equity raise at the U.K. utility, creating uncertainty around its plan to stay afloat and raising the prospect of nationalization.
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 ...
Thames Water's senior creditors said there was a "short and closing window" for a market-led rescue of the water company after U.S. private equity firm KKR pulled out of a multi-billion pound ...
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 ...
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 ...
U.K. utility Thames Water said that KKR is no longer in the running for its equity raise, signaling further uncertainty around its recapitalization to stay afloat. The British company in March ...
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