Article 75QXW Billionaire Trump donor in line to make millions from Thames Water bid

Billionaire Trump donor in line to make millions from Thames Water bid

by
Helena Horton and Sandra Laville
from World news | The Guardian 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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