Thames Water Utilities Finance received bid proposals from various undisclosed parties as the company raises capital as part of a wider rescue plan. The subsidiary of debt-laden British water supplier ...
A crucial deadline in the attempt to rescue Thames Water is set to pass on Monday with legal uncertainty over the utility’s ...
Britain's Thames Water said it had received proposals from a number of parties as it seeks to raise new equity of over 3 ...
The hearing comes at an existential moment for Thames Water, the UK’s biggest water company, which is struggling under its ...
The High Court will consider whether to sanction plans to restructure the utility following a four-day hearing in London.
LONDON - Thames Water Utilities Limited (TWUL) announced today that its STID (Security Trustee Instruction Document) Proposal, initially launched on January 24, 2025, has received the necessary ...
Thames Water, the beleaguered UK utility that has been struggling with mismanagement for years, is set to ask a London court ...
Thames Water will likely end up paying around £200 million ($250 million) to advisers by the middle of this year, as the firm ...
Thames Water has ended a week of petitioning the UK courts for approval to sign a £3bn emergency funding package from its ...
Thames Water is at present spending £15mn a month on lawyers and other advisers and the eventual bill for a restructuring could top £200mn, the company’s chief financial officer told London’s high ...
Thames Water should be placed into administration as plans to restructure the struggling utility are a “poor short-term fix” and a “bridge to nowhere”, an MP’s barristers have told the ...
The indebted utility is seeking a judge's approval for a restructuring plan centred on an emergency loan it says it needs to ...
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