Terra Firma prospects soften
- From: Vol 6, Issue 7 (July 2005)
- Category: General
- Region: Europe
- Country:
- Related Companies: Barclays Capital, Concateno, Kellen Acquisitions, Mid Kent Water, Phoenix, Sutton & East Surrey Water and Terra Firma
Concateno’s hopes of buying Surrey & East Sutton Water have been dealt a blow by the Northern Ireland energy regulator.
Surrey & East Sutton Water may not change ownership as expected, after Northern Ireland’s energy regulator threatened to derail the proposed acquisition of its parent company by private equity firm Terra Firma.
It was widely assumed that Terra Firma, which offered £453 million for East Surrey Holdings through the Kellen Acquisitions bid vehicle in early April, would sell off the ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
