Insight – David Lloyd Owen
- From: Vol 8, Issue 6 (June 2007)
- Category: Analysis
- Region: Europe
- Country:
- Related Companies: AWG, First Aqua, Glas Cymru, JP Morgan, Macquarie, Northumbrian Water, Osprey, Pennon, Royal Bank of Scotland, Scottish Power, Southwest Water, Suez, Thames Water and Veolia
The water sector recycled – courtesy of private equity.
In October 2006, this column pondered the last round of UK M&A. The concern then was over the prices being paid for water assets and how this might affect the regulator’s thinking regarding the next price review.
Since then, no coherent rumours about bids for the five remaining market listed water and sewerage companies have emerged. A 13 ...
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