UK's Thames Water rescue plan faces creditor-group appeal
Thames Water, Britain's biggest water supplier, faced another court battle on Tuesday as a group of its junior creditors ...
Sky11d
What's happening with Thames Water, why's it in court and could it be nationalised?
It's was crunch time for the UK's biggest water provider Thames Water as its fate was announced on Tuesday morning. Thames Water finances hung in the balance with debts of £16bn and existing ...
Reuters17d
UK's Thames Water asks KKR and Castle Water for bid details, Bloomberg reports
Feb 25 (Reuters) - Britain's Thames Water has asked KKR (KKR.N), opens new tab and Castle Water to provide more detail on bids for stakes in the struggling water utility, Bloomberg News reported ...
Channel NewsAsia Singapore20d
Thames Water gets $9 billion bid from CK Infrastructure, FT reports
Thames Water has received a preliminary 7 billion pound ($8.86 billion) bid from Hong Kong's CK Infrastructure for a majority stake, the Financial Times reported on Friday, citing people familiar ...
City A.M.22d
Thames Water: KKR makes £4bn offer for majority stake
The litany of problems at Thames Water include a near £20bn debt pile, persistent sewage leaks and ageing infrastructure. KKR has offered £4bn for a majority stake in the crisis-hit utility ...
NBC Connecticut22d
U.S. fund KKR makes £4 billion management-buyout bid for UK's Thames Water
Private equity investor KKR & Co. is offering about £4 billion ($5 billion) to take control of the U.K.'s struggling Thames Water utility in a management-led buyout, according to a person ...
LBC23d
The Thames Water deal is a sticking plaster disaster
It is an admirable sentiment. It is set to be tested to destruction, though, by one of the UK’s most strategically important companies - Thames Water. On Tuesday, the High Court approved a £3bn ...
Express & Star23d
Thames Water among six water firms urging watchdog for higher bill increases
Thames Water is among six water firms urging regulators to allow them to charge customers even more than previously granted – after a High Court judge allowed England’s largest water firm to ...
Left Foot Forward23d
Campaigners blast court decision to approve £3 billion Thames Water loan
Campaigners have called Thames Water’s £3 billion bailout, approved by the High Court yesterday, a “massive injustice”. Thames Water is already struggling with debts of £19 billion and requested ...
ITV23d
Thames Water’s £3bn loan to stave off collapse despite ‘eye-watering’ terms
Thames Water, with 16 million customers, already has debts of £19 billion, as ITV News reporter Aisha Zahid explains Thames Water has won approval to borrow £3 billion to prevent imminent ...
This is Money23d
Thames Water handed £3bn lifeline by court to save it from financial collapse
Thames Water has secured court approval for a £3billion debt lifeline, warding off nationalisation in the short term and giving it time to sort out its finances. The debt lifeline, provided by ...