Private equity giant KKR pulls out of plans to invest in Thames Water
Thames Water said US private equity giant KKR has pulled out of plans to invest in the utility and it is now progressing talks with senior creditors for an alternative to stabilise its finances. The heavily indebted supplier – Britain’s biggest water supplier with 16 million customers – said the investment firm indicated it would not be in a position to proceed with a bid and that its status as […]