Veolia set to shed Southern interest

RBS may also sell. With buyers lining up for Thames, 2006 looks set to be a vintage year for water industry bankers and lawyers.

Veolia has appointed NM Rothschild to advise it on the sale of its 25% stake in Southern Water in a move that could lead to the most significant shake-up in the ownership of the UK water sector for over two years.

Analysts and others believe the disposal of the Veolia stake could persuade Royal Bank of Scotland to sell its ...

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