Investment giant pulls out of a £4 billion Thames Water rescue deal | Business Live

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Investment giant pulls out of a £4 billion Thames Water rescue deal | Business Live

Join Business Live with Darren McCaffrey as we tackle the biggest business and economic stories, as the investment giant lined up to rescue Thames Water abandoned its offer days after talks took place involving one of its co-founders and Downing Street officials.

Sky News has learnt that Henry Kravis, one of the architects of KKR’s ascent to becoming one of the world’s most powerful investors, discussed its plan to bail out Britain’s biggest water company with Varun Chandra, Sir Keir Starmer’s top business adviser, over the weekend.

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Date: June 3, 2025