Themes Water KKR chooses as a favorite bidder

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Themes Water has chosen the US -KKR private stock set as a preferred bidder for the largest water benefit in the UK, which is fighting to avoid promotion.

KKR, who is already a shareholder in the northern waters, he had He made a preliminary offer of 4 billion pounds For the Times water earlier this year.

A person close to the company said that the decision means that attention is from the competitors, including Covalis, Castle Water and CK, will not be progressing at this stage.

Times water On Monday, he said after assessing the proposals received, KKR chose “to enter the stage of care in the second stage” of the shares raising as a preferred partner.

There was no certainty of submitting a binding proposal KkrThe Times added water.

This is a developing story.