Funds including Silver Point Capital and Elliott Management are working on a rescue plan for British utility Thames Water that would total more than £10 billion ($13.5 billion), according to people ...

(Reuters) -U.S. investment firms Silver Point Capital and Elliott Management are formulating a 10-billion-pound-plus ($13.53 ...

The June Release Condition is a clause under which Class A creditors could refuse to release more funds after June 30 this ...

Six UK water companies were banned Friday from paying bonuses to senior executives, which the government said would be inappropriate given their failure to clean up their massive sewage discharges.

Water is in the muck for two reasons. One is decades of underinvestment. The blame for that sits mostly with Ofwat, the ...

(Alliance News) - Troubled Thames Water is "contemptible" and lies to the public, Parliament has heard. The scathing assessment was made at Westminster by Labour former MP John Cryer as peers ...

KKR & Co. withdrew its bid to invest £4 billion ($5.4 billion) in Thames Water when the US infrastructure giant realized ...

Thames Water's senior creditors said there was a "short and closing window" for a market-led rescue of the water company ...

Thames Water rescue takeover collapses after private equity firm KKR drops out Thames Water has been dealt a blow after US ...

The private equity firm’s exit leaves the utility at greater risk of financial collapse and government supervision.

Financial Times highlights major stories including KKR's withdrawal from Thames Water deal due to political risks, UK ...

KKR & Co. Inc. (NYSE:KKR) has backed out of the Thames Water equity raising, the U.K.-based utility company confirmed on ...