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Evening Standard
Evening Standard
Alex Daniel

Thames Water receives buyout offer from investment group Covalis Capital

Thames Water could be broken up into smaller businesses (Andrew Matthews/PA) - (PA Wire)

Investment firm Covalis Capital has made an offer for Thames Water, in a plan which could see the embattled utility giant broken up into smaller businesses.

Covalis’s bid involves bringing in French company Suez to help it run Thames Water as it sells off large chunks of the supplier’s assets.

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