1 Day
Source:
The Guardian
Thames Water creditors plan legal challenge over potential takeover
London & Valley Water, a consortium of 100 investors holding £17bn of Thames Water's debt, is open to government involvement but does not support public ownership. The investors are preparing for a potential legal battle if the company is transferred into temporary public control, amid reports that Andy Burnham may nationalise Thames Water. The consortium aims to work constructively with Burnham and the government to rebuild confidence and explore restructuring options.
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