Reported 24 days ago
KKR is reportedly in discussions to invest in a £3 billion share sale by Thames Water, following the utility's financial struggles due to sewage issues and significant debt. This share sale is part of a larger recapitalization effort as Thames Water seeks a financing lifeline to stabilize its operations. KKR's investment decision will depend on regulatory outcomes, particularly from water regulator Ofwat, and potential competition issues due to KKR's existing stake in Northumbrian Water.
Source: YAHOO