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Thames Water, the UK’s biggest water company which serves the London and the surrounding region, is in deep trouble. The utility was privatized more than 30 years ago along with the rest of ...
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Thames Water executive resigns amid company’s fight for survival - MSNOne of Thames Water’s finance bosses has left the business abruptly amid growing concerns about its future. David Gregg resigned as director of corporate finance on Wednesday, 24 hours after the ...
KKR & Co. (NYSE:KKR) is talking with Thames Water about taking part in a 3B British pound ($3.88B) share sale to help the water company survive, Sky News reported Saturday.
LONDON (Reuters) -Thames Water's senior creditors said there was a "short and closing window" for a market-led rescue of the water company after U.S. private equity firm KKR pulled out of a ...
Thames Water said KKR KKR2.67%increase; green up pointing triangle pulled out of an equity raise at the U.K. utility, creating uncertainty around its plan to stay afloat and raising the prospect ...
Investors are refusing to inject billions in new money into Britain’s biggest water company, leaving the beleaguered business at risk of an emergency government takeover.. The nine shareholders ...
Thames Water, the UK's biggest water provider, has been hit by a record fine by regulator Ofwat. The company has been fined £122.7m following Ofwat's "biggest and most complex" investigation.
Thames Water has a liquidity problem. The holding company of the UK’s largest water supplier warned last week it might not be able to repay a 190 million pound ($241 million) loan due by the end ...
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