Thames Water, Britain's biggest water supplier, said on Monday its 3 billion pound ($3.9 billion) debt lifeline would go ...
LONDON -- 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 ...
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 ...
In February, a High Court judge sanctioned a plan proposed by Thames Water Utilities Holdings Limited (TWUH), the parent company of Thames Water Group, allowing the utility to stay afloat.
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, which has about 17 billion pounds ($20.9 billion) of debt, was in danger of running out of money within days if the court had not authorized the new funding.
Thames Water is seeking a £3 billion rescue loan (Andrew Matthews/PA) Thames Water is at “real risk” of falling into administration within weeks, a former director has warned, as it nears a ...
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 ...
A £3 billion loan deal designed to prevent Thames Water from going bust looks set to go ahead after a court rejected several appeals against it. The plan had originally been approved in the High ...
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