Thames Water Asks Castle Water, KKR
Hong Kong’s CK Infrastructure has made a preliminary £7bn bid to take a majority stake in Thames Water, while indicating that it would require the troubled utility’s bondholders to take significant ...
Asset manager KKR (NYSE:KKR) has offered nearly £4B (~$5B) for a majority stake in struggling U.K. utility Thames Water in a management-led buyout, Bloomberg reported earlier Wednesday.
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