RWE/Thames to keep Pridesa
- From: Vol 6, Issue 8 (August 2005)
- Category: Companies
- Region: Europe
- Country: Spain
- Related Companies: Acciona, American Water Works, Goldman Sachs, Pridesa and RWE/Thames (Water)
The Spanish desalination company will stay with Thames after the RWE management committee had a change of heart.
RWE has taken Pridesa off the market after investment bank Goldman Sachs failed to attract any acceptable offers for the business. The group will now conduct a strategic review to decide how to take the
Spanish-based desalination business forward.
¡°We got a number of attractive offers,¡± RWE¡¯s spokesperson said. ¡°But in the end the RWE business committee decided that ...
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
