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Investors call on Thames Water to let them bid for it after last year’s failed takeover

CN
CitrixNews Staff
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Investors call on Thames Water to let them bid for it after last year’s failed takeover

CK Infrastructure, a Hong Kong investment group, said the bosses of the struggling water company should eat ‘humble pie’

Thames Water’s bosses should eat “humble pie” over a failed takeover process last year and let other firms bid for it, according to a Hong Kong investment group angling to buy the troubled water company.

CK Infrastructure (CKI), which is owned by Hong Kong’s richest man, Li Ka-shing, has already acquired Northumbrian Water and has been trying to launch a bid for Thames since February last year.

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Originally reported by The Guardian