BULL MARKET
- From: Vol 7, Issue 1 (January 2006)
- Category: Need to know
- Region: Unspecified
- Country: Singapore, United Kingdom and United States
- Related Companies: Bio-Treat Technology, Macquarie Bank and RWE/Thames (Water)
* 2005 was a great year for water stocks, with the big European water stocks leading the way (see Market Review on pp8-12).
The momentum seems to have carried on into 2006 for RWE, amidst newspaper reports that UK private equity baron Guy Hands is interested in buying Thames Water. The shares reached a record high of €65 in January, helped by the reports and by news reported last month in GWI that Macquarie Bank was also interested. It looks as if the ...
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