#Latest news with #equityRaisingBloomberg3 days agoBusinessBloombergThames Water Says KKR Won't Proceed With Equity Raise ProcessKKR & Co. has pulled out of Thames Water's equity raising process, the beleaguered utility said Tuesday. The US alternative asset manager 'will not be in a position to proceed, and its preferred partner status has now lapsed,' the company said. Thames 'accordingly intends to progress discussions on the senior creditors' plan with Ofwat and other stakeholders.'
Bloomberg3 days agoBusinessBloombergThames Water Says KKR Won't Proceed With Equity Raise ProcessKKR & Co. has pulled out of Thames Water's equity raising process, the beleaguered utility said Tuesday. The US alternative asset manager 'will not be in a position to proceed, and its preferred partner status has now lapsed,' the company said. Thames 'accordingly intends to progress discussions on the senior creditors' plan with Ofwat and other stakeholders.'
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