SE Water carried on refinancing wave
- From: Vol 4, Issue 10 (October 2003)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: AWG, Barclays Capital, Bristol Water Holdings, CKI, CVC Capital Partners, Ecofin, Goldman Sachs, Macquarie Bank, Mid Kent Water, Saur/Bouygues, South East Water, Southern Water, Stone & Webster, Veolia Environnement (formerly Vivendi Environnement) and WestLB
As the price review casts a shadow over the UK water and sewage companies, interest has switched to the water-onlies.
Bouygues announced on 1 October that it had sold South East Water for £426m (1607m) to the Macquarie Bank Group of Australia, as interest in the English water-only companies continues to build.
Macquarie, which is setting up a European infrastructure fund, saw off competing offers from CVC Capital Partners, the Hong Kong-based CKI Group, UBS and a venture led by ...
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