News

(Reuters) -U.S. investment firms Silver Point Capital and Elliott Management are formulating a 10-billion-pound-plus ($13.53 ...
Britain banned Thames Water and five other water companies from paying bonuses to their bosses because they had failed to ...
The setback increases the possibility that the company will collapse into a government-supervised administration.
Funds including Silver Point Capital and Elliott Management are working on a rescue plan for British utility Thames Water that would total more than £10 billion ($13.5 billion), according to people ...
Thames Water customers face the prospect of a £230 jump in their annual bills to help secure its future, after a potential ...
Thames Water suffered a major setback in its fight to avoid nationalisation on Tuesday as it said U.S. private equity firm ...
A week later, Ofwat, the industry regulator, announced it was hitting Thames with a record £123m in fines for sewage spills ...
Senior bondholders propose injecting equity to match KKR’s defunct bid but plan needs approval from Ofwat and courts ...
British utility Thames Water says a U.S. investment firm has dropped a rescue bid for the debt-burdened company.
The water company said the decision not to proceed with the equity raise created uncertainty around its plan to stay afloat, ...
A homeowner in Hawley, near Gatwick, says he’s been left frustrated and disheartened after receiving just £30 in compensation ...
Thames Water’s preferred bidder KKR & Co. has pulled out of a rescue deal in a major setback for the utility. The US ...