Reported about 17 hours ago
Thames Water is exploring the possibility of CK Infrastructure Holdings Ltd. as a buyer while facing potential special administration due to a court appeal in London. If their restructuring plan fails, the UK government could take over Thames Water, prompting the need for a buyer to minimize nationalization time. Though CKI is positioned as a potential option, the court's upcoming decision on an emergency loan could determine the company's fate, with other creditors also interested in purchasing the utility.
Source: YAHOO