Consortium threatens to quit Severn Trent bidThe 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 More… |
Severn Trent bid consortium mulls optionsBritish 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 More… |
UK water firm rejects $7.6bn Kuwait-backed bidBritish 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 More… |