US private equity giant KKR wins takeover battle for Assura in £1.7bn deal Assura said it had reached an agreement on a ‘best and final’ bid led by Kohlberg Kravis Roberts and Stonepeak Partners. Evening Standard · Jun 11, 2025
US private equity giant KKR outbids rival with £1.7bn offer for Assura Assura said it had reached an agreement on a ‘best and final’ bid led by Kohlberg Kravis Roberts and Stonepeak Partners. The Independent UK · Jun 11, 2025
Thames Water creditors offer up £5bn as part of emergency turnaround plan Regulator Ofwat concerned that plans do not write off enough debt to secure investment-grade credit rating The Guardian - UK · Jun 9, 2025
Bonuses banned for 10 English water bosses over sewage pollution Sanctions, including for Thames Water CEO, announced as part of new government powers under Water Act The Guardian - UK · Jun 5, 2025
'Contemptible' Thames Water accused of 'telling lies to the British public' in dividends row The scathing criticism came as peers discussed a collapsed rescue deal for the debt-laden firm Evening Standard · Jun 5, 2025
Northumbrian Water to pay out £15.7m after sewage and water network failings Bosses at the watchdog Ofwat said the company’s failures led to ‘excessive spills from storm overflows’. Evening Standard · Jun 4, 2025
A race against time: what now for Thames Water after rescue deal collapses? Huge group of creditors in scramble as prospect of temporary nationalisation looms large for troubled firm The Guardian - UK · Jun 4, 2025
KKR ranks as top alternative asset manager in Fortune 500 Blackstone, the biggest alternative asset manager, ranks 321th in the Fortune 500. Fortune · Jun 4, 2025
Thames Water creditors warn of "short and closing window" to agree rescue deal A group of more than 100 creditors holding £13 billion of Thames Water debt said time is running out Evening Standard · Jun 4, 2025
Hapless Thames Water is finally drinking in the last chance saloon Can troubled UK utilities company find any willing suitors after KKR’s 11th-hour abandonment of £4bn bid? The Guardian - UK · Jun 3, 2025
Thames Water nationalisation ‘not the answer’ says minister after private equity rescue fails Future of Britain’s biggest water supplier in question as investor pulls out of turnaround plan The Independent UK · Jun 3, 2025
Voices: If the government wants to save Thames Water, it’s going to need to get its hands dirty COMMENT: As the very public rescue deal for the ailing company collapses, James Moore warns that the government needs to get its hands dirty to clean up the water industry. This game of pass the buck isn’t doing anyone any favours... The Independent UK · Jun 3, 2025
Public ownership ‘not the answer’ says Reed after Thames Water deal collapse At the despatch box, Conservative shadow environment secretary Victoria Atkins accused ministers of having “talked themselves out of” a rescue plan. Evening Standard · Jun 3, 2025
OPINION - KKR can walk away from the Thames Water fiasco...the rest of us are stuck with it Even the New York firm that takes on the toughest challenges balked at London’s water supplier Evening Standard · Jun 3, 2025
Evening Standard · Jun 3, 2025 Water sector suffering from ‘deep-rooted’ failures, review warns The Government-commissioned review calls for reform of laws, regulation and company management and infrastructure.
Evening Standard · Jun 3, 2025 Thames Water rescue takeover collapses after private equity firm KKR drops out The troubled utility is taking forward talks with ‘certain senior creditors’ on an alternative plan to recapitalise the business.
The Independent UK · Jun 3, 2025 Thames Water nationalisation ‘not the answer’ says minister after takeover rescue fails Troubled utility has uncertain future after private equity giant pulls out of turnaround plan
The Independent UK · Jun 3, 2025 US private equity firm KKR drops bid to buy troubled British utility Thames Water British utility Thames Water says a U.S. investment firm has dropped a rescue bid for the debt-burdened company
The Independent UK · Jun 3, 2025 Concerns Thames Water may need government bailout as bidder withdraws IN FULL
The Independent UK · Jun 3, 2025 Thames Water dealt fresh blow as potential investor drops out of deal to prop up embattled firm Thames Water now progressing talks with senior creditors for an alternative to stabilise finances
Evening Standard · Jun 3, 2025 New York private equity giant KKR pulls out of Thames Water rescue Thames Water boss says he is “disappointed” by KKR’s decision but will continue talks with creditors
Evening Standard · Jun 3, 2025 Private equity giant KKR pulls out of plans to invest in Thames Water The utility said it would take forward discussions with ‘certain senior creditors’ on an alternative plan to stabilise its finances.
The Guardian - UK · Jun 3, 2025 Bank of England governor warns Trump tariffs have ‘blown up’ global trade system – as it happened Rolling coverage of the latest economic and financial news, as MPs quiz the Bank of England about interest rates, and trade wars
The Guardian - UK · Jun 3, 2025 Thames Water preferred bidder KKR pulls out of rescue deal Future of troubled supplier in doubt as US private equity group says it cannot proceed with acquiring £4bn stake
The Guardian - UK · May 24, 2025 What are public parks for? Inside the debate sparked by London festival row Differing interpretations of public access rights are at heart of Brockwell case pitting campaign group against festival fans