KKR expected to acquire stake worth £4bn as UK’s biggest water supplier tries to stave off nationalisationThames Water has picked the US investment firm KKR to take a stake in the business, as the embattled water company fights to stave off nationalisation.The UK’s biggest water supplier, which is struggling under a debt pile of close to £20bn, said it had selected KKR as a “preferred partner” as it seeks to secure fresh equity funding for its operations by the end of June. The New York-based private equity firm is expected to acquire a stake in Thames worth £4bn. Continue reading…
Source link : https://www.theguardian.com/business/2025/mar/31/thames-water-names-us-private-equity-group-kkr-as-preferred-partner
Author : Julia Kollewe
Publish date : 2025-03-31 07:21:00
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Thames Water names US private equity group KKR as ‘preferred partner’
