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

Thames Water suffered a major setback in its fight to avoid nationalisation on Tuesday as it said U.S. private equity firm ...

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

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

British utility Thames Water says a U.S. investment firm has dropped a rescue bid for the debt-burdened company.

LONDON (Reuters) -Britain's Thames Water said U.S. private equity firm KKR had pulled out from a plan to invest billions of ...

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 ...

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

U.K. utility Thames Water said that KKR is no longer in the running for its equity raise, signaling further uncertainty around its recapitalization to stay afloat.

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

LONDON (Reuters) -Thames Water suffered a major setback in its fight to avoid nationalisation on Tuesday as it said U.S. private equity firm KKR had pulled out of a multi-billion pound rescue plan.