(Alliance News) - A Hong Kong company has submitted an initial GBP7 billion bid for a majority stake in Thames Water, a heavily indebted UK water supplier, the Financial Times said Friday.

--CK Infrastructure, part of CK Hutchison group, said it would be willing to inject 7 billion pounds ($8.87 billion) of equity to mitigate Thames Water's debt burden, but would require bondholders of ...

Thames Water has received a preliminary 7 billion pound ($8.86 billion) bid from Hong Kong's CK Infrastructure for a majority ...

Britain's Thames Water said the court-approved debt lifeline of 3 billion pounds would come into effect on Friday, warding off a collapse of the country's biggest water supplier.

Hong Kong’s CKI Infrastructure has submitted a £7bn bid for a majority stake in the embattled utility Thames Water. The ...

She also writes biographies for Story Terrace. A share repurchase is a reduction in the number of a public company's shares outstanding. It's accomplished by buying a portion of its shares on the ...

Private equity giant KKR has submitted a bid worth a whopping £4 billion to take a majority stake in Thames Water. It isn’t just KKR eyeing the UK’s largest ...

Global investment firm KKR (KKR) is reportedly looking to pump £4 billion ($5 billion) into Thames Water, the UK’s biggest ...

Asset manager KKR has offered nearly £4B (~$5B) for a majority stake in struggling U.K. utility Thames Water in a ...