Thames Water has picked US private equity giant KKR as its "preferred partner" to buy the troubled water utility firm. The planned investment by KKR would help it deal with its mountain of debt, and ...

Thames Water, the UK's biggest water company, has picked US private equity ... No matter who eventually owns or runs Thames Water, customers will see no impact on their services.

Responding to the Court of Appeal's decision, Mr Maynard said: "Thames Water remains a cash cow for its lenders, while its 16 million customers are left to foot the bill for the company's ...

Thames Water’s finance boss has quit midway through a key restructuring of the heavily indebted utility giant. Chief financial officer Alastair Cochran told the firm that he is stepping down on ...

Thames Water said: “The company remains focused on putting Thames Water on a more stable financial foundation, implementing its turnaround plan and delivering a market led solution that is in ...

which owns South West Water, and at Anglian Water. He has also held a number of senior finance roles at British Gas owner Centrica, and previously worked for Thames Water between 2002 and 2007.

Thames Water said Chief Financial Officer Alastair ... has been asked to act as interim CFO until a longer-term replacement is found, the company said in a statement on Friday.

Mr Cochran, who was at Thames Water for three-and-a-half years, was “instrumental” in securing a £3 billion deal, according to chief executive Chris Weston. A source with knowledge of the situation ...

His sudden departure comes as Thames Water continues to try to find a buyer for the company to help steady its finances. Thames Water is England’s biggest water firm, with about 16 million ...

Chairman Sir Adrian Montague added that Mr Cochran had “overseen significant changes” to the company while in the position. “He has led the work to put (Thames Water’s) finances on a more ...