NWG move baffles analysts
- From: Vol 11, Issue 2 (February 2010)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Borealis Infrastructure, Northumbrian Water and Ofwat
A reported bid for Northumbrian Water has left industry analysts puzzled.
The reported £1.7 billion bid that the Ontario Teachers’ Pension Plan is preparing to make for Northumbrian Water – which sent shares in all four of the remaining listed UK water groups soaring at the end of January – has mystified industry analysts.
Given that OTPP already owns 27% of Northumbrian, they struggle to see how any potential gains from a ...
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