Appeals against the approval of a plan to restructure Thames Water through a loan of up to £3 billion has been dismissed, Court of Appeal judges have said. In February, a High Court judge ...
Thames Water, Britain's biggest water supplier, will find out from a court this week whether a 3 billion pound ($3.88 billion ...
Thames Water has staved off effective government ownership after an unsuccessful legal challenge to its financial restructuring. The Court of Appeal has ruled in favour of a £3bn loan intended to ...
Thames Water's chief executive Chris Weston said the firm was 'pleased' that the Court of Appeal had upheld a 'strong High Court decision'. 'We remain focused on putting Thames Water onto a more ...
The UK's biggest water provider has delayed its request for even higher customer bills. Thames Water has deferred its appeal to the Competition and Markets Authority (CMA), the regulator tasked ...
A £3bn rescue loan for Thames Water is set to go ahead after an appeal against the deal was dismissed. The troubled firm secured the rescue loan in February, to stave off the prospect of the debt ...
LONDON (AP) — Thames Water, which serves 16 million people in and around London, has received court approval for up to 3 billion pounds ($3.7 billion) of emergency funding, preventing the ...
LONDON, March 18 (Reuters) - Britain's biggest water supplier, Thames Water, said it was aiming to secure new equity in the coming months and was putting an attempt to raise customer bills by 53% ...
The bondholders say they need to see the wording of the Court of Appeal dismissal before making a decision that could prolong legal wrangling Thames Water can now press ahead with its “eye ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water has received court approval for a controversial £3bn loan from creditors including the hedge ...
In mid-February, the debt-laden English water company said Ofwat's final determination, which sets a limit on the bills the company can charge customers, for the years 2025-30 would hinder its ability ...
Thames Water said it has received six takeover approaches from potential suitors to buy the company, and that it hopes to agree a deal by the end of June. The company said talks are ongoing and that ...