News

(Reuters) -U.S. investment firms Silver Point Capital and Elliott Management are formulating a 10-billion-pound-plus ($13.53 ...
Britain banned Thames Water and five other water companies from paying bonuses to their bosses because they had failed to ...
The setback increases the possibility that the company will collapse into a government-supervised administration.
Thames Water's senior creditors said there was a "short and closing window" for a market-led rescue of the water company ...
Funds including Silver Point Capital and Elliott Management are working on a rescue plan for British utility Thames Water that would total more than £10 billion ($13.5 billion), according to people ...
Thames Water customers face the prospect of a £230 jump in their annual bills to help secure its future, after a potential ...
A week later, Ofwat, the industry regulator, announced it was hitting Thames with a record £123m in fines for sewage spills ...
Thames Water suffered a major setback in its fight to avoid nationalisation on Tuesday as it said U.S. private equity firm ...
Ofwat’s new powers enable it to backdate veto on awards for CEOs and CFOs at poorly performing water companies ...
British utility Thames Water says a U.S. investment firm has dropped a rescue bid for the debt-burdened company.
Senior bondholders propose injecting equity to match KKR’s defunct bid but plan needs approval from Ofwat and courts ...
A homeowner in Hawley, near Gatwick, says he’s been left frustrated and disheartened after receiving just £30 in compensation ...