Thames Water Asks Castle Water, KKR

Hong Kong’s CK Infrastructure has made a preliminary £7bn bid to take a majority stake in Thames Water, while indicating that it would require the troubled utility’s bondholders to take significant ...
U.S. private equity group KKR (KKR.N), opens new tab offered nearly $5 billion to Thames Water for a majority stake in the utility, Bloomberg reported on Wednesday, citing people familiar with ...
(Bloomberg) -- KKR & Co. offered to inject nearly £4 billion ($5 billion) into Thames Water for a majority stake in the beleaguered utility, according to people familiar with the matter.