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submitted 3 months ago by [email protected] to c/[email protected]

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.

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[-] [email protected] 27 points 3 months ago

Hopefully this should be blocked to prevent a hostile foreign state from owning and controlling core infrastructure, on the grounds of national security. 🤞

What's that? A flying pig?

[-] [email protected] 11 points 3 months ago

KKR will "help it deal with its mountain of debt". How nice of them to not expect anything in return!

[-] [email protected] 7 points 3 months ago

This is sure to end well for all parties involved

[-] [email protected] 7 points 3 months ago

Executive and board compensation as a result of any deal of this nature should be public information.

[-] [email protected] 2 points 3 months ago

Executive and board compensation as a result of any deal of this nature should be public money.

this post was submitted on 31 Mar 2025
29 points (96.8% liked)

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