Thames Water picks private equity firm as preferred buyer
Thames Water has picked US private equity giant KKR as its "preferred partner" to buy the troubled water utility firm. The planned investment by KKR would help it deal with its mountain of debt, and Thames is aiming for the transaction to be completed in the second half of this year.
Thames Water selects KKR as preferred bidder
Thames Water has selected the US private equity group KKR as its preferred bidder to take control of the UK’s largest water utility and aid its battle against renationalisation. KKR, which is already a shareholder in Northumbrian Water, had submitted a preliminary £4bn bid to take a majority stake in Thames Water earlier this year.
Having been courted by investors since last summer, Thames Water has finally, tentatively selected a partner to investigate ...
Thames Water, Britain's largest water supplier, said on Tuesday its debt restructuring proposals had secured approval, with ...
Thames Water Utilities said it would start the drawing process for the first tranche of funding after a majority of creditors approved its refinancing plan. The U.K. utility said funding would be ...
A US private equity firm is in pole position to buy Thames Water as the embattled utility tries to stave off a looming cash ...
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