Thames eyes Shanghai
- From: Vol 5, Issue 2 (February 2004)
- Category: General
- Region: Asia
- Country: China
- Related Companies: Suez, Thames Water and Veolia
RWE’s subsidiary wants a stake in one of the city’s four water companies. But will it take the whole deal on its own balance sheet?
Thames Water is in talks to take a 50% stake in Shanghai Waterworks Shibei Co, the water company serving four million people in the northern district of Shanghai.
It would be an important deal for Thames, which has been lagging behind Veolia and Suez in China, but not without its challenges. The area served by the Shibei company is home ...
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