Britain's Thames Water, battling to avoid nationalisation, asked a group of senior creditors on Monday to allow it to draw ...

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

Fifteen times a year, the sheer volume of waste water entering Thames Water's Mogden sewage works in southwest London ...

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.

Thames Water’s bonds have crashed to a record low after the Environment Secretary said it was stepping up contingency plans ...

Henry Kravis, one of KKR's co-founders, held talks with a senior Downing Street official at the weekend as a £4bn bailout of Thames Water hung in the balance, Sky News learns.

Thames Water has been left on the brink of renationalisation after KKR walked away from a £4bn rescue deal, partly because the US private equity house feared creeping political interference.

The government has "stepped up" preparations for the potential temporary nationalisation of Thames Water, the environment ...

Thames Water said KKR KKR 2.67 % increase; green up pointing triangle pulled out of an equity raise at the U.K. utility, creating uncertainty around its plan to stay afloat and raising the ...

Why KKR, which earned its Barbarians at the Gate reputation during the brutal takeover battle for biscuit maker RJR Nabisco in the late Eighties, walked away from the Thames Water fiasco it is not ...

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

Thames Water was delivered a crushing blow this morning after its preferred bidder KKR abandoned its pursuit of the utility.