TITLE

Southern Water sold for ?4bn to consortium

AUTHOR(S)
Mair, Vibeka
PUB. DATE
October 2007
SOURCE
Utility Week;10/12/2007, Vol. 28 Issue 1, p43
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Southern Water has been sold for £4.2 billion to Greensands Investment Limited after months of heated bidding since the Royal Bank of Scotland announced its intention to sell the water company in June 2007. The deal represents a premium of around 25 per cent on the group's regulated assets.
ACCESSION #
27955751

 

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