(Reuters) -U.S. investment firms Silver Point Capital and Elliott Management are formulating a 10-billion-pound-plus ($13.53 billion) rescue package for Britain's Thames Water, Bloomberg News ...

The ramp-up in borrowing for Thames Water under its previous owners, Macquarie, an Australian investment firm, was especially stark.

Thames Water suffered a major setback in its fight to avoid nationalisation on Tuesday as it said U.S. private equity firm KKR had pulled out of a multi-billion pound rescue plan.

LONDON (AP) — British water and sewage utility Thames Water said Tuesday that a U.S. investment firm has dropped a rescue bid for the debt-burdened company. Thames Water said private equity ...

British utility Thames Water says a U.S. investment firm has dropped a rescue bid for the debt-burdened company.

Nationalisation of struggling Thames Water is “not the answer”, environment secretary Steve Reed has warned after a private equity giant pulled out of a £4bn rescue deal, throwing the company ...

KKR pulls out as a bidder for Thames Water, leaving the company in a challenging financial situation with senior creditors.

For several years, Thames Water has been spilling raw sewage into rivers and lakes.

Thames Water Utilities Ltd. — which serves about a quarter of the UK including London — said it can’t rule out needing to ask customers to restrict water usage this summer.

Thames Water chief executive Chris Weston said the company is doing 'all we need to' to prepare for potential water shortages.