Hong Kong Agency’s $9 Billion Bid For Majority Stake In UK Water Provider
London: A Hong Kong firm has submitted an preliminary 7-billion kilos ($8.8 billion) bid for a majority stake in Thames Water, a closely indebted UK water provider, the Monetary Instances mentioned Friday. CK Infrastructure, a part of the CK Hutchison group, put ahead the non-binding supply earlier this month, however expects the utility’s bondholders to…