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Thames Water Creditor Backs Plan to Break Up Business

April 17, 2024
London Bridge
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“It is far from certain that Thames Water would emerge from special administration as a single large company. It is entirely possible that it could be broken up into a series of smaller water companies serving local areas.”

Colm Gibson discusses the ongoing Thames Water situation, with a leading bondholder in the firm recently having backed plans to break up the business if it meant protecting creditors’ interests.

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