Finance
KKR offers UK's Thames Water $5 billion for majority stake, Bloomberg News reports
KKR offers UK's Thames Water $5 billion for majority stake, Bloomberg News reports
Published by Global Banking and Finance Review
Posted on February 19, 2025

Published by Global Banking and Finance Review
Posted on February 19, 2025

(Reuters) - U.S. private equity group KKR has offered nearly 4 billion pounds ($5 billion) to Britain's Thames Water for a majority stake in the utility, Bloomberg News reported on Wednesday, citing people familiar with the matter.
($1 = 0.7943 pounds)
(Reporting by Pushkala Aripaka in Bengaluru; Editing by Shinjini Ganguli)
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