Britain's biggest water supplier, Thames Water, said it was aiming to secure new equity in the coming months and was putting ...
LONDON (AP) — Thames Water, which serves 16 million people in and around London, has received court approval for up to 3 billion pounds ($3.7 billion) of emergency funding, preventing the company from ...
LONDON, March 17 (Reuters) - Thames Water, Britain's biggest water supplier, said on Monday its 3 billion pound ($3.9 billion) debt lifeline would go ahead after appeals against it were dismissed ...
Thames Water has staved off effective government ownership after an unsuccessful legal challenge to its financial restructuring. The Court of Appeal has ruled in favour of a £3bn loan intended to ...
In February, a High Court judge sanctioned a plan proposed by Thames Water Utilities Holdings Limited (TWUH), the parent company of Thames Water Group, allowing the utility to stay afloat.
Thames Water is seeking a £3 billion rescue loan (Andrew Matthews/PA) Thames Water is at “real risk” of falling into administration within weeks, a former director has warned, as it nears a ...
Thames Water, which has about 17 billion pounds ($20.9 billion) of debt, was in danger of running out of money within days if the court had not authorized the new funding.
The appeal against the restructure of Thames Water has been dismissed (Andrew Matthews/PA) Appeals against the approval of a plan to restructure Thames Water through a loan of up to £3 billion ...
Thames Water must wait to see whether the approval of a plan to restructure the struggling utility will be overturned Credit: ITV News Meridian Thames Water must wait to discover whether the ...
A £3 billion loan deal designed to prevent Thames Water from going bust looks set to go ahead after a court rejected several appeals against it. The plan had originally been approved in the High ...