Sellers join the queue
- From: Vol 4, Issue 8 (August 2003)
- Category: Companies
- Region: Unspecified
- Country: United Kingdom
- Related Companies: Acea, Amiantit, Apollo Management, Aquamundo, AWG, Bechtel, Betz (formerly BetzDearborn), Blackstone Group, Bream Investments, Cascal, Caxton-Iseman Capital, Credit Agricole Indosuez, Edison, Esval, Gelsenwasser, General Electric/Osmonics, International Water (IWL), Kohlberg Kravis Roberts, MVV Energie, Nalco, NM Rothschild, Nomura, Nuon, OIAG, Ondeo/Suez, Saur, South East Water, Star Capital Partners, Thames Water, VA Tech (Wabag), Veolia and WestLB
The sale of Gelsenwasser illustrates just how quickly the water sector has become a buyer’s market. What else is available?
There has been a radical change in the dynamic of the market for water assets this year. Where previously the big three water groups, Veolia, Suez and Thames/RWE fought amongst themselves to buy what scraps became available, after suffering severe indigestion last year, the big groups are now losing weight rather than gaining it.
The gap that they have ...
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