The setback increases the possibility that the company will collapse into a government-supervised administration.

Why KKR, which earned its Barbarians at the Gate reputation during the brutal takeover battle for biscuit maker RJR Nabisco in the late Eighties, walked away from the Thames Water fiasco it is not ...

British utility Thames Water says a U.S. investment firm has dropped a rescue bid for the debt-burdened company.

KKR & Co. withdrew its bid to invest £4 billion ($5.4 billion) in Thames Water when the US infrastructure giant realized there was little upside to a deal, according to people familiar with the ...

Henry Kravis, one of KKR's co-founders, held talks with a senior Downing Street official at the weekend as a £4bn bailout of Thames Water hung in the balance, Sky News learns.

Thames Water suffered a major setback in its fight to avoid nationalisation on Tuesday as it said U.S. private equity firm KKR had pulled out of a multi-billion pound rescue plan.

Thames Water’s preferred bidder KKR & Co. has pulled out of a rescue deal in a major setback for the utility.. The US alternative asset manager “will not be in a position to proceed, and its ...

Thames Water customers face the prospect of a £230 jump in their annual bills to help secure its future, after a potential rescue deal collapsed. On Tuesday, private equity firm KKR abandoned plans ...

Thames Water said KKR KKR2.67%increase; green up pointing triangle pulled out of an equity raise at the U.K. utility, creating uncertainty around its plan to stay afloat and raising the prospect ...

U.K. utility Thames Water said that KKR is no longer in the running for its equity raise, signaling further uncertainty around its recapitalization to stay afloat. The British company in March ...