QUOTE AND NEWS
Financial Times  May 17  Comment 
If Severn Trent is taken private, market scrutiny of the industry will be ineffective and the regulator must step in on behalf of customers
Financial Times  May 15  Comment 
LSE group rises to top of benchmark after revenues beat forecasts while Severn Trent falls after rejecting a bid proposal from a consortium
Wall Street Journal  May 15  Comment 
Water utility Severn Trent said it has rejected a takeover approach from a consortium of multinational funds after they offered only a modest premium to the company's share price.
guardian.co.uk  May 15  Comment 
Water firm shares up 14% after conditional proposal from consortium from Kuwait, Canada and UK The water company Severn Trent has rejected a preliminary approach that valued it at about £5bn, saying it was undervalued. The earlier news of the...
guardian.co.uk  May 14  Comment 
Jonson Cox hasn't frightened off a Canadian pension fund, the Kuwaiti Investment Office and the UK universities' pension fund So much for the idea that Jonson Cox, the new head of regulator Ofwat, had terrified potential bidders for water...
Wall Street Journal  May 14  Comment 
A consortium of funds is considering launching up to a $8.11 billion takeover bid for Severn Trent, potentially marking the largest takeover of a U.K. water company since the industry was privatized in 1989.
Financial Times  May 14  Comment 
Borealis, Kuwait Investment Office and Universities Superannuation Scheme named as suitors, while resource stocks are knocked by profit-taking
Sydney Morning Herald  Feb 20  Comment 
United Utilities and Severn Trent, Britain's biggest publicly traded water companies, are increasingly feeding human waste into tanks of bacteria whose methane emissions generate electricity.





 


References

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