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Thames Water investors offer ‘golden share’ in bid to head off nationalisation
Thames Water investors have offered the UK government a 'golden share' to prevent nationalisation, granting the government veto power over major decisions and hostile takeovers. The move follows Andy Burnham's call for increased public control of the water company.
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- Thames Water lenders to offer ‘golden share’ to UK government
- Thames Water creditors prepare for legal fight over possible nationalisation
- Thames Water lenders plot legal fight with Burnham over nationalisation
- Thames Water warns over future as Burnham eyes state control
- Thames Water says it has enough funding to survive until end of year