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Hong Kong Firm's $9 Billion Bid For Majority Stake In UK Water Supplier
A Hong Kong company has submitted an initial 7-billion pounds ($8.8 billion) bid for a majority stake in Thames Water, a heavily indebted UK water supplier, the Financial Times said Friday.
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Explained: How UK's Biggest Water Supplier, Thames Water, Sank Into Crisis
Thames Water, the UK's largest water supplier, has been ravaged since privatisation by soaring debts and chronic underinvestment, sinking into a deep financial crisis which has sparked bailout speculation.
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UK's Biggest Water Supplier At Risk Of Nationalisation As Financial Crisis Worsens
Debt-plagued Thames Water revealed Thursday that it failed to raise a major cash injection from shareholders, blaming industry regulations that made its rescue plan "uninvestable".
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UK's Largest Water Supplier Gets Financially Rescued
Thames Water on Monday announced a significant financial injection from shareholders that keeps Britain's biggest supplier of the commodity afloat.
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Amid Drought, UK's Largest Water Supplier Calls For Ban On Hose
Britain's largest water provider on Wednesday became the latest UK supplier to announce restrictions on usage as swathes of England grapple with a punishing drought.
-
Hong Kong Firm's $9 Billion Bid For Majority Stake In UK Water Supplier
A Hong Kong company has submitted an initial 7-billion pounds ($8.8 billion) bid for a majority stake in Thames Water, a heavily indebted UK water supplier, the Financial Times said Friday.
-
Explained: How UK's Biggest Water Supplier, Thames Water, Sank Into Crisis
Thames Water, the UK's largest water supplier, has been ravaged since privatisation by soaring debts and chronic underinvestment, sinking into a deep financial crisis which has sparked bailout speculation.
-
UK's Biggest Water Supplier At Risk Of Nationalisation As Financial Crisis Worsens
Debt-plagued Thames Water revealed Thursday that it failed to raise a major cash injection from shareholders, blaming industry regulations that made its rescue plan "uninvestable".
-
UK's Largest Water Supplier Gets Financially Rescued
Thames Water on Monday announced a significant financial injection from shareholders that keeps Britain's biggest supplier of the commodity afloat.
-
Amid Drought, UK's Largest Water Supplier Calls For Ban On Hose
Britain's largest water provider on Wednesday became the latest UK supplier to announce restrictions on usage as swathes of England grapple with a punishing drought.
