M&A

Thames Water in crisis as investors pull £500m bailout

By Frank Prenesti

Date: Thursday 28 Mar 2024

(Sharecast News) - Struggling UK utility Thames Water faced a funding crisis on Thursday as shareholders pulled a £500m bailout after regulators refused its demands to hit customers with massive price hikes, greater leniency for polluting waterways and pay out higher dividends, while its parent company also admitted it couldn't pay...

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