Bristol Water back on the block
- From: Vol 12, Issue 6 (June 2011)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Bristol Water, Ofwat and Wessex Water
Could the sale of Bristol Water trigger a new wave of M&A in UK water?
Agbar’s planned sale of 70% of Bristol Water could spark further consolidation in the UK water sector, as pressure grows on industry regulator Ofwat to abandon its blanket opposition to mergers. The Defra review of Ofwat’s future role, conducted by David Gray, is understood to recommend that the present regime – which inevitably involves time-consuming referrals to the Competition ...
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