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Thames Water picks US private equity firm KKR as preferred buyer (www.bbc.co.uk)

submitted 5 days ago by [email protected] to c/[email protected]

6 comments fedilink hide all child comments

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.

top 6 comments

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[–] [email protected] 5 points 5 days ago (1 children)

Hopefully this should be blocked to prevent a hostile foreign state from owning and controlling core infrastructure, on the grounds of national security. 🤞

What's that? A flying pig?

[–] [email protected] 2 points 5 days ago (1 children)

I think that pig flew a long, long time ago.

[–] [email protected] 0 points 5 days ago (1 children)

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

[–] [email protected] 0 points 4 days ago (1 children)

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.

[–] [email protected] 1 points 4 days ago* (last edited 4 days ago)

You've convinced me. That does sound like a UK Government ideal.

[–] [email protected] 1 points 5 days ago

KKR will "help it deal with its mountain of debt". How nice of them to not expect anything in return!