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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.
Thames Water customers face the prospect of a £230 jump in their annual bills to help secure its future, after a potential ...
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 suffered a major setback in its fight to avoid nationalisation on Tuesday as it said U.S. private equity firm ...
A week later, Ofwat, the industry regulator, announced it was hitting Thames with a record £123m in fines for sewage spills ...
British utility Thames Water says a U.S. investment firm has dropped a rescue bid for the debt-burdened company.
Senior bondholders propose injecting equity to match KKR’s defunct bid but plan needs approval from Ofwat and courts ...
Thames Water’s preferred bidder KKR & Co. has pulled out of a rescue deal in a major setback for the utility. The US ...
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.
Thames Water's senior creditors said there was a "short and closing window" for a market-led rescue of the water company ...
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