Thames Water Asks Castle Water, KKR
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.
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 ...
(Bloomberg) -- KKR & Co. offered to inject nearly £4 billion ($5 billion) into Thames Water for a majority stake in the beleaguered utility, according to people familiar with the matter.
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