UK's Thames Water says liquidity lifeline effective
Britain's Thames Water said the court-approved debt lifeline of 3 billion pounds would come into effect on Friday, warding off a collapse of the country's biggest water supplier. The company will proceed with the initial implementation steps of the liquidity extension plan.
U.S. Fund KKR Proposes £4 Billion Lifeline to Revive Thames Water
Global investment firm KKR (KKR) is reportedly looking to pump £4 billion ($5 billion) into Thames Water, the UK’s biggest water supplier,
Thames Water secures £3bn lifeline after court ruling
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 company was set to run out of cash by the end of March and would have likely been placed into temporary nationalisation to keep services running.
UK's Thames Water wins approval for 3 billion pound debt lifeline
Britain's Thames Water secured court approval for a 3 billion pound ($3.8 billion) debt lifeline on Tuesday, warding off the collapse and state rescue of the country's biggest water supplier.
Thames Water receives £7bn bid from Hong Kong’s CK Infrastructure
Hong Kong’s CK Infrastructure has made a preliminary £7bn bid to take a majority stake in Thames Water, while indicating that it would require the troubled utility’s bondholders to take significant haircuts.
Judge blasts Thames Water as financial cliff-edge deadline looms
Campaigners protesting against the Thames Water bail-out at the High Court (REUTERS) Thames Water has been criticised by a ...
U.S. fund KKR makes £4 billion management-buyout bid for UK's Thames Water
Private equity fund KKR is offering £4 billion to take control of struggling utility Thames Water in the UK, according to a ...
KKR offers $5B for majority stake in Thames Water, Bloomberg says
KKR (KKR) offered to inject $5B into Thames Water for a majority stake, Priscila Azevedo Rocha, Dinesh Nair and Giulia ...
Thames Water: debt lifeline provides relief but challenges remain
Thames Water, Britain's biggest water supplier with 16 million customers, secured a 3 billion pound debt lifeline on Tuesday, ...
Hong Kong bidder targets troubled Thames Water
A major Hong Kong investor has lodged a £7bn bid to take a majority stake in Thames Water. CK Infrastructure, part of Li ...
Thames Water among six water firms urging watchdog for higher bill increases
Thames Water urged regulators to allow them to raise customers bills hours after a High Court judge approved a £3 billion ...
Thames Water Bidder Covalis to Partner With Octopus Energy Unit
Covalis Capital is partnering with Octopus Energy Group’s technology arm, Kraken, to help manage Thames Water’s 16 million ...
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Greenwich Bostall Lane to close for Thames Water works
Drivers in Greenwich are being warned of an upcoming road closure which will allow essential waterworks to take place.
Thames Water say action must be taken to stop 400 home plan overloading sewers
Developer Thakeham's application for the large housing developmen t has caused concerns among residents. They fear the area, ...