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China's CIC set to buy stake in UK utility - report

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Post subject: China's CIC set to buy stake in UK utility - report

Posted: Fri Jan 20, 2012 12:32 am

Professional SqlSpacer

Joined: Sat Dec 19, 2009 5:15 am
Posts: 1459

Quote:

China Investment Corporation (CIC) is poised to buy a stake in the holding company that owns Thames Water, the water network that serves London, the Financial Times reported on Friday.

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Sandy

Post subject: Re: China's CIC set to buy stake in UK utility - report

Posted: Fri Jan 20, 2012 3:04 am

Admin

Joined: Thu Jun 03, 2004 5:15 pm
Posts: 24190
Location: Land Of The Long White Cloud

I was going to come in and say [insert accusation of selling out] but it turns out Thames Water is owned by Kemble...... and they are a consortium of investors led by Australian bank Macquarie.

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