Thames Water Asks Castle Water, KKR
U.S. private equity group KKR (KKR.N), opens new tab offered nearly $5 billion to Thames Water for a majority stake in the utility, Bloomberg reported on Wednesday, citing people familiar with ...
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.
(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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