Thursday 18 October 2018
Severn Trent

Consortium threatens to quit Severn Trent bid

The Canadian-led consortium trying to buy Britain's Severn Trent threatened to walk away after its third approach was rejected, prompting two of the water utility's major shareholders to urge a return to talks. Shares in t


Severn Trent bid consortium mulls options

British water firm Severn Trent has rejected a raised $8.2 billion takeover bid, with a deadline for the suitors to make a formal offer fast approaching.   The LongRiver cons


UK water firm rejects $7.6bn Kuwait-backed bid

British water firm Severn Trent has rejected an improved 5-billion-pound ($7.6 billion) bid proposal from a consortium led by a Kuwaiti sovereign wealth fund and two pension companies, saying the price fails to r

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