News

Severn Trent Water enters into talks for a potential £5bn aquisition

Author: Graham Mann, Water Audit Expert.

A Canadian Investor Borealis, the Kuwait Investment Authority (KIA) and the Universities Superannuation Scheme which is the UK’s second largest pension scheme are behind the acquisition plans.

Severn Trent Water is the largest of the 10 regulated water companies valued at £4.3bn with the shares closing yesterday at   £ 18.25 each.