Thames Water has said it has received six takeover offers and hopes to agree a deal by the end of June. The offers come in response to an equity raise process launched by the UK’s biggest water ...
LONDON, Feb 18 (Reuters) - Thames Water, Britain's biggest water supplier with 16 million customers, secured a 3 billion pound debt lifeline on Tuesday, warding off nationalisation and giving it ...
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 ...
Thames Water has received court approval for up to 3 billion pounds of emergency funding. That prevents the company that serves 16 million people in and around London from falling into government ...
Thames Water is preparing for the possibility that it may be pushed into special administration following an appeal in a London court next week, according to people familiar with the matter. While ...
The new funding is designed to stop Thames Water going bust in the short term. Thames Water has been at the centre of a growing scandal in the wider water industry. Bills will climb steeply over ...
Thames Water has won a crucial High Court battle to secure a £3bn rescue loan, staving off the prospect of the debt-laden company coming under government control. The UK's largest water and waste ...
Thames Water’s customers will pay the price for the “futile, expensive and extremely short-term bail out” approved by a High Court judge, an MP has warned. A group of Thames Water’s ...
(Bloomberg) -- Cash-strapped Thames Water bought itself some more time to reorganize its debts after a London judge approved an emergency loan worth as much as £3 billion ($3.8 billion).
Thames Water's creditors and an MP will be able to appeal a High Court judge's ruling that the company can be restructured with a £3bn loan despite its "eye-watering" interest rate. The utility ...
Thames Water’s plans for a £3 billion loan have been approved by a judge, designed to prevent it from going bust in the near future. The deal was approved in the High Court on Tuesday, which would ...
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