Business and people search

Severn Trent at the centre of a possible 5.3bn takeover

14th May 2013

MIDLAND utility Severn Trent is at the centre of a takeover bid which values the water company at around £5.3bn.The board at the Coventry-based group confirmed today that it had been approached by a consortium of international investors, although it stressed no offer had been made.The consortium is made up of Canada’s Borealis Infrastructure Management Inc, the Kuwait Investment Office and Universities Superannuation Scheme Ltd. Borealis is the infrastructure arm of the Ontario Municipal Employees Retirement System. Sh......for the full story register now for free or login below...

Or Login to Read this Story


Latest Business News

Read More News

 
TheBusinessDesk is a trading name of Regional Media Services Ltd.
A company registered in the UK, company number : 07111349 VAT Number : 124302954