Billionaire Trump donor in line to make millions from Thames Water bid
by Helena Horton and Sandra Laville from on (#75QXW)
Paul Singer is founder of a leading creditor in the hedge fund consortium locked in talks with the UK government
A billionaire Donald Trump donor could make millions from a deal being struck between the government and Thames Water.
The UK's largest water company, ministers and creditors are at an impasse as they try to agree a rescue deal to stave off Thames's collapse. The water company built up a 17.6bn debt pile in the decades after its privatisation.
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