B

Baroness Hayman of Ullock (Lab)

Speaking in the House of Lords on 28 April 2025

Debate

Thames Water: Bids

Contribution

Regarding the company choosing KKR as its preferred bidder in the ongoing equity raise process, clearly Thames Water is a commercial entity engaged in a public equity raise, and it would therefore be completely inappropriate for the Government to comment on that. However, I note that the company had a number of potential bidders to choose from, which indicates that a market-led solution to the financial resilience of the company is a possibility.

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