Investors tell Thames Water to ‘eat humble pie’ over failed takeover and open bids

1 week ago 2

Rommie Analytics

CK Infrastructure says watchdog should intervene to let other firms bid after KKR pulled out

Thames Water’s bosses should eat “humble pie” over a failed takeover process last year and let other firms bid for it, according to a Hong Kong investment group angling to buy the troubled water company.

CK Infrastructure (CKI), which is owned by Hong Kong’s richest man, Li Ka-shing, has already acquired Northumbrian Water and has been trying to launch a bid for Thames since February last year.

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