Finance
UK's Southern Water secures $1.65 billion equity lifeline
UK's Southern Water secures $1.65 billion equity lifeline
Published by Global Banking and Finance Review
Posted on July 1, 2025
Published by Global Banking and Finance Review
Posted on July 1, 2025
(Reuters) -UK's Southern Water on Tuesday said it has secured an equity support offer of up to 1.2 billion pounds ($1.65 billion) from a consortium led by Australia's Macquarie Asset Management to help tackle its debt woes and support investments.
($1 = 0.7270 pounds)
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Mrigank Dhaniwala)
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