Neither the chair or chief executive of Thames Water attended the most recent meeting for prospective equity investors, Covalis said in a letter addressed to the court and dated Thursday.
Rothschild & Co. has been trying to find a new owner for Thames Water for months, but the process has been complicated by the firm’s immediate need for liquidity and a restructuring of its debt.
Rothschild & Co. has been trying to find a new owner for Thames Water for months, but the process has been complicated by the firm’s immediate need for liquidity and a restructuring of its debt.
Thames Water will seek approval for an emergency cash lifeline in court on Monday as it faces running out of money in four ...
British water regulator Ofwat said it would investigate Thames Water over delays to hundreds of environmental improvements to ...
London open The FTSE 100 is expected to open 15 points lower on Tuesday, having closed down 1.04% on Monday at 8,583.56.
Thames Water looks for an emergency cash injection ... the company due to it being the architect of its own misfortune. Previous owners loaded the company with debt, took out big dividends and ...
(Bloomberg) -- A crucial deadline in the attempt to rescue Thames Water is set to pass on Monday ... The current attempt to attract an investor follows a previous round in December that received ...
Last August, Ofwat proposed fining Thames Water £104million for failing to manage its wastewater and treatment works following a previous enforcement case. Meanwhile, the parent company of the ...
NatWest today beat City forecasts after the lender revealed a 2024 profit of £6.2 billion. It also emerged that chief ...