Source link : https://www.mondialnews.com/2024/12/07/struggling-thames-water-receives-5bn-buyout-offer-from-covalis/

Deal would result in France’s Suez Group being brought in to manage restructure of water companyBusiness live – latest updatesEmbattled Thames Water has received a £5bn bid from Covalis Capital that would result in France’s Suez Group being brought in to manage a restructure of the UK’s largest water company.The infrastructure investor Covalis Capital has submitted a bid for Thames Water, which has been on the verge of collapse for several months as it struggles with a £19bn debt pile. Continue reading…

Source link : https://www.theguardian.com/business/2024/dec/06/struggling-thames-water-receives-buyout-offer-from-covalis

Author : Mark Sweney

Publish date : 2024-12-06 23:03:39

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The post Struggling Thames Water receives £5bn buyout offer from Covalis first appeared on MondialNews.

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Author : MondialnewS

Publish date : 2024-12-07 00:55:28

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