The divided future of United Utilities
- From: Vol 10, Issue 12 (December 2009)
- Category: General
- Region: Europe
- Related Companies: 3i, JP Morgan, KKR, Manila Water Company, Northern Gas Networks, Ofwat, Scottish Water, Severn Trent, Southern Water, United Utilities, Veolia and Welsh Water
The sale of two of United Utilities’ non-regulated businesses last month was only the tip of the iceberg. With the group now planning a new round of asset sales, is it time for a name change?
United Utilities has hired JP Morgan Cazenove to advise it on the sale of its UK outsourcing business in a move that could raise up to £500 million. The plans to auction off the business come less than a month after UU agreed to sell its minority stakes in Northern Gas Networks and Manila Water Company for a total value ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
