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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 ...
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 ...
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.
It owns more than 20,000 miles of water ... due to be held across four days in early February. A Thames Water spokesman previously said the company’s board remains “focused on turning round ...
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.
The company blamed the ‘prohibitive’ cost of keeping a tally. Missing data about the true scale and condition of the assets that Thames Water owns, has been a persistent issue in its efforts ...
Regardless of who owns the company, its water services will continue as normal. Thames said recently that it had received approaches from six firms about taking a stake in the business.
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