Posts tagged: Severn Trent
Sunday, 5 May 2019, 7:20 pm
Hat tip to John "The Ridge" Collingridge, deputy City editor of The Sunday Times, for landing a cracking tale in today's The Sunday Times about Labour's plans to take private/renationalise the country's water companies at a discount.
I can't imagine investors in London's listed water companies (United Utlities, Pennon Group and Severn Trent) are too happy about that! Below is a link to John's scoop:..
Wednesday, 10 April 2019, 11:02 am
Betaville's CCP theme appears to be catching on.
According to the market report in the The Times today, JP Morgan downgraded Britain's water companies amid fears that once the Corbynistas get in power the whole of the listed water sector will be re-nationalized. Below is a link to the piece by Emily Gosden, a former colleague from my time at The Daily Telegraph:..
Wednesday, 15 March 2017, 10:00 am
It's good to see the chaps at Omers and Wren House finally pull off a water deal yesterday.
In case you don't recall, I broke the story back in 2013 about how Canada's Borealis, a division of Omers, and the Kuwaiti Investment Authority (which is now operating the Wren House guise) teamed up to mount a joint £5 billion plus bid for FTSE 100-listed Severn Trent. Here is the link to that piece:..
Tuesday, 29 November 2016, 10:32 am
Brokers at Bank of America Merill Lynch were yesterday pushing the line that a Severn Trent takeover by infrastructure funds is back on the cards (see below the original note).