Thames Water picks US private equity firm KKR as preferred buyer
Thames Water picks US private equity firm KKR as preferred buyer
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Thames Water picks US private equity firm KKR as preferred buyer
The troubled water utility firm says KKR could complete the deal in the second half of this year.
Thames Water has picked US private equity giant KKR as its "preferred partner" to buy the troubled water utility firm.
The planned investment by KKR would help it deal with its mountain of debt, and Thames is aiming for the transaction to be completed in the second half of this year.