Article 6CV5C Thames Water secures extra £750m from shareholders to help stave off nationalisation

Thames Water secures extra £750m from shareholders to help stave off nationalisation

by
Alex Lawson
from World news | The Guardian on (#6CV5C)

Money follows 500m injection in March but troubled utility warns much more future funding needed

Thames Water has secured 750m of emergency funding from its shareholders but the debt-ridden company warned it would need further funding in the years ahead.

The new funds come on top of the 500m investors pumped into Britain's biggest water company in March.

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