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Thames Water customers risk £230 rise in bills

UK's Thames Water Set for Over $13.5 Billion Rescue Deal by Silver Point and Elliott, Bloomberg News Reports

(Reuters) -U.S. investment firms Silver Point Capital and Elliott Management are formulating a 10-billion-pound-plus ($13.53 billion) rescue package for Britain's Thames Water, Bloomberg News reported on Friday, citing people familiar with the matter.

Yahoo · 4d

Thames Water customers risk £230 rise in bills as rescue deal collapses

Thames Water customers face the prospect of a £230 jump in their annual bills to help secure its future, after a potential rescue deal collapsed.

The Wall Street Journal on MSN · 4d

KKR Pulls Out of Thames Water Rescue Deal

The water company said the decision not to proceed with the equity raise created uncertainty around its plan to stay afloat, raising the prospect of nationalization.

7hon MSN

Boat explodes on the river and a peaceful vacation walk turns into a desperate rescue

The quick thinking of a couple who were on vacation in the U.K. helped save six lives after a boat exploded on the River ...

3don MSN

Thames Water creditors see a 'short and closing window' to rescue company

Thames Water's senior creditors said there was a "short and closing window" for a market-led rescue of the water company ...

Thames Water Needs £10 Billion Under Elliott, Silver Point Plan

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 ...

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