BAML tips Severn Trent takeover; brokers says leveraged buy-out back on the cards
Now, followers of my work should recall that I broke the orginal story in 2013 about how Borealis and the Kuwait Investment Authority had teamed up together to mount a joint £5 billion takeover of Severn Trent on Private Equity News / Financial News, part of Dow Jones/Wall Street Journal. I also followed up that piece a year or so later in with another story on the situation in the The Sunday Times.
Date:Tuesday, 29 November 2016 10:32 am