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Showing posts with label Severn Trent. Show all posts
Showing posts with label Severn Trent. Show all posts

June 10, 2013

Severn Trent rejects third takeover proposal from LongRiver consortium

Severn Trent took just a few hours on Friday evening to reject a third, improved takeover proposal from a consortium of determined financial investors seeking to take the FTSE 100 water firm private in a £5.3bn deal.

June 05, 2013

Severn Trent rebuffs £5bn revised bid from LongRiver Partners

The water company Severn Trent has rejected a £4.96bn revised bid from a consortium of investors on the grounds that it failed to recognise the long-term future and potential of the company.