Britain's Thames Water said the court-approved debt lifeline of 3 billion pounds would come into effect on Friday, warding off a collapse of the country's biggest water supplier.
Private equity fund KKR is offering £4 billion to take control of struggling utility Thames Water in the UK, according to a person familiar with the matter.
--U.S. investment company KKR & Co. is looking to invest around 4 billion pounds ($5.05 billion) for an equity stake in debt-laden water utility Thames Water, Bloomberg reports citing unnamed sources.
KKR (KKR) offered to inject $5B into Thames Water for a majority stake, Priscila Azevedo Rocha, Dinesh Nair and Giulia Morpurgo of Bloomberg ...
U.S. private equity group KKR has offered nearly 4 billion pounds ($5 billion) to Britain's Thames Water for a majority stake ...