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The Guardian - UK
The Guardian - UK
Business
Anna Isaac

Thames Water hopes to agree deal with one of six bidders by end of June

Thames Thames Water Ofwat
A sign displays the Thames Water logo
Thames Water is struggling with nearly £20bn of debt. Photograph: Neil Hall/EPA

Thames Water has said it hopes to agree a deal with one of six bidders by the end of June and has secured a delay to a review of its bill increases to smooth the rescue process.

The UK’s biggest water company said negotiations were continuing and it wanted to complete the transaction by the end of September.

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