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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

Australia’s Macquarie among lenders to Thames Water’s parent company

Thames Water vans
Thames Water’s shareholders refused to stump up £500m as promised at the end of March. Photograph: Toby Melville/Reuters

The Australian investment bank Macquarie, which has been criticised for its role in the privatisation of England’s water industry, is understood be among lenders to Thames Water’s troubled parent company.

The former Thames Water shareholder could, along with other lenders, play an important role in determining the fate of Britain’s biggest water company, after its parent company Kemble Water Finance defaulted on its debt.

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