Breaking up Thames International
- From: Vol 5, Issue 3 (March 2004)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: AWG, Bechtel, Black & Veatch, China Water Company, Edison, Hong Lim Investments, Hongkong Land, Kinhill Engineers, Ranhill Utilities, RWE/Thames (Water), Sime Darby, United Water and Veolia Water
Thames is looking at the options for its international portfolio. There are a number of complications.
Business development at Thames’ international division has already been brought to a halt. The next stage is for RWE to decide which assets should be divested. As AWG, Bechtel and Edison have discovered, the market for international water assets is very thin. Thames’ portfolio is complicated by the fact that two of its more attractive assets are joint ventures, and ...
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