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, which ...

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. England's biggest water ...

KKR & Co. Inc. (NYSE:KKR) has backed out of the Thames Water equity raising, the U.K.-based utility company confirmed on Tuesday. The private equity giant mentioned its inability to proceed further, ...

Asset manager KKR (NYSE:KKR) has offered nearly £4B (~$5B) for a majority stake in struggling U.K. utility Thames Water in a management-led buyout, Bloomberg reported earlier Wednesday. The U.K.'s ...

Private equity investor KKR & Co. is offering about £4 billion ($5 billion) to take control of the U.K.'s struggling Thames Water utility in a management-led buyout, according to a person familiar ...

Matthew Brooker is a Bloomberg Opinion columnist covering business and infrastructure. Formerly, he was an editor for Bloomberg News and the South China Morning Post. A new world is approaching for ...

U.K. utility Thames Water said it selected KKR as preferred partner for an equity raise to help it deal with its debt pile, but warned that bondholders might have to take losses under the ...

Britain's largest water utility has been plagued by ballooning debt and has warned it will run out of cash by March 24. Thames Water needs to restructure its debt and capital structure as part of a ...