15.05.2013 - Kuwait-led group in takeover approach for U.K. water utility
Kuwaitís sovereign wealth fund and a Canadian infrastructure investor are discussing a bid for Severn Trent Plc (SVT), the U.K.ís second-largest publicly traded water company thatís valued at almost 5 billion pounds ($7.6 billion). The Kuwait Investment Office, Borealis Infrastructure Management Inc. and Britainís Universities Superannuation Scheme approached the utility regarding a possible takeover, Coventry, U.K.-based Severn Trent said today in a statement...............................................Full Article: Source
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