Thames Water lenders propose 'golden share' to prevent nationalization by Burnham government
Thames Water's lenders are proposing a 'golden share' mechanism to prevent the company from being nationalized by the government. This move represents an attempt to maintain private ownership while addressing the company's financial difficulties. The proposal aims to head off potential government takeover amid the water supplier's ongoing crisis.
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Thames Water lenders offer 'golden share' to head off nationalisation
Thames Water's lenders are proposing a 'golden share' mechanism to prevent the company from being nationalized by the government. This move represents an attempt to maintain private ownership while addressing the company's financial difficulties. The proposal aims to head off potential government takeover amid the water supplier's ongoing crisis.
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