Results revealed losses at Britain's biggest water company rocketed last year - as bosses were given another grilling by MPs ...

KKR & Co. (NYSE: KKR) has pulled out of Thames Water's equity raising process, the utility said Tuesday. The US alternative asset manager “will not be in a position to proceed, and its preferred ...

Thames Water has been dealt a blow after US private equity giant KKR pulled out of plans for a rescue deal to inject much-needed cash into the troubled utility. Britain’s biggest water supplier ...

Thames Water is "extremely stressed" and will take "at least a decade to turn around", its boss has said, as the struggling ...

Thames Water has given few details over KKR’s proposal, except to say it included a “material” reduction of its debt and that talks were still ongoing over “other aspects of the proposal”.

LONDON (Reuters) -Thames Water suffered a major setback in its fight to avoid nationalisation on Tuesday as it said U.S. private equity firm KKR had pulled out of a multi-billion pound rescue plan.

Thames Water said KKR pulled out of an equity raise at the U.K. utility, creating uncertainty around its plan to stay afloat and raising the prospect of nationalization.

U.K. utility Thames Water said that KKR is no longer in the running for its equity raise, signaling further uncertainty around its recapitalization to stay afloat. The British company in March ...

Now, however, Thames Water says KKR is not “in a position to proceed” and that its preferred bidder has dropped out. KKR's withdrawal comes just days after talks with Downing Street officials ...

Thames Water said private equity company KKR decided not to make a bid and its status as preferred bidder had lapsed. The utility said it is talking to “senior creditors” about an alternative ...