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Thames Water: bidders line up for the stricken utility giant

Source: BBC

Thames Water has received multiple bids for the struggling business which has warned that it could run out of cash by next year.Castle Water, a Scottish utility firm co-owned by Conservative Party treasurer Graham Edwards, is understood to have made an offer for Thames Water ahead of a deadline for potential investors on Thursday, 5 December.Infrastructure investor Covalis, supported by French firm Suez, had also…

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