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 ...
Asset manager KKR (NYSE:KKR) has offered nearly £4B (~$5B) for a majority stake in struggling U.K. utility Thames Water in a management-led buyout, Bloomberg reported earlier Wednesday.
Financial Times reports on key business moves, including Wood Group CFO's resignation, KKR's bid for Thames Water, and excess ...