Thames Water's bondholders have offered to inject 5 billion pounds ($6.8 billion) in new equity and debt and write off some ...

The proposal, submitted to Ofwat, includes investment firms such as Aberdeen, Elliott Management, and BlackRock offering to ...

The setback increases the possibility that the company will collapse into a government-supervised administration.

Creditors have proposed injecting £3bn of equity and taking a 20 per cent writedown on loans in latest rescue plan ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Potential buyers attempting to take over Thames Water have called on the troubled utility and its management be granted ...

Britain banned Thames Water and five other water companies from paying bonuses to their bosses because they had failed to ...

A week later, Ofwat, the industry regulator, announced it was hitting Thames with a record £123m in fines for sewage spills ...

Thames Water customers face the prospect of a £230 jump in their annual bills to help secure its future, after a potential ...

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

Senior bondholders propose injecting equity to match KKR’s defunct bid but plan needs approval from Ofwat and courts ...

The water company said KKR’s decision not to proceed with the equity raised the prospect of nationalization.