Last minute move for Northumbrian
- From: Vol 4, Issue 5 (May 2003)
- Category: Companies
- Region: Europe
- Country: United Kingdom
- Related Companies: Collins Stewart, CVC Capital Partners, Deutsche Bank, Ecofin, Morgan Stanley, Northumbrian Water, Shearman & Sterling, Suez and Terra Firma
A plan to refloat the company on the stock exchange has emerged.
A group of investment funds emerged as a surprise late bidder for Northumbrian Water at the beginning of May with a plan to refloat the company on the stock market.
“That’s our central proposition”, confirmed a source at Deutsche Bank, which is advising the group along with the Ecofin investment management and advisory group and stockbroking firm Collins Stewart ...
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