Thames Water has picked US private equity giant KKR as its “preferred partner” to buy the troubled water utility firm.

The planned investment by KKR would help it deal with its mountain of debt, and Thames is aiming for the transaction to be completed in the second half of this year.

    • frazorth@feddit.uk
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      3 days ago

      Next you’ll be trying to tell me the Saudis might not have UK ideals at heart!

      • Zip2@feddit.uk
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        3 days ago

        I’m sure it’s on their list somewhere, probably behind violating human rights, and lining their own pockets even if it means trashing the environment.