David Lloyd Owen - Are the buccaneers back?

The SouthWest Water buyout looks like a one-off.

JP Morgan’s bid for South- West Water is the first private equity bid announcement for an asset-owning water utility since Citigroup led its buyout of Kelda back in November 2007. Does this mean that after a rest of 26 months, the private equity bonanza is back on the road?

The answer is probably not, when you take a look ...

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