Mid Kent sale on hold
- From: Vol 4, Issue 7 (July 2003)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Anglian Water, AWG, Bream Investments, Macquarie Bank, Royal Bank of Scotland and WestLB
WestLB’s withdrawal from Bream means that the sale of Mid Kent can wait.
WestLB has put its planned sale of Mid Kent Water on hold until the future of its principal finance unit, which is run by Robin Saunders and controls the water company, is resolved.
WestLB needed to sell Mid Kent – into a warehouse structure if necessary – to avoid a referral to the Competition Commission of the Bream bid for Anglian that ...
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