Thames Water has suffered a major setback in its attempt to secure its future after US private equity giant KKR pulled out of plans to buy the company. KKR had been selected as the preferred partner to inject £4bn of much-needed cash into the UK’s biggest water company. The setback increases the possibility that the...
Businessman Alan Savage has been appointed preferred bidder to takeover Inverness Caledonian Thistle. The club was placed into administration last October after running up large debts. The administrators warned earlier this month that the Caley Jags were at “significant risk” after an unsuccessful attempt to find a new owner. Mr Savage, who has been providing...