Shore Capital Partners is in discussions with Silver Lake Management regarding an $8.6 billion deal aimed at merging two veterinary groups. This potential partnership has been confirmed by multiple sources, including Bloomberg News. In a separate development, private equity firm KKR is reportedly considering participation in a share sale for Thames Water, as reported by Sky News. KKR's involvement comes amid ongoing challenges for Thames Water, which has faced significant financial difficulties attributed to heavy debt and management practices that have raised concerns about its sustainability. The situation has attracted interest from various investors looking to capitalize on the company's struggles.
Private equity hovers over Thames Water. Hopes to profit from its collapse, grab land and other assets. Thames troubles began when private equity loaded it with debt, extracted dividends, hiked bills, neglected investment. https://t.co/BympWRe4IH
Investment giant KKR wades into Thames Water survival battle. 🔗 Read more https://t.co/7GkymHWguh
Shore Capital Partners is in talks with Silver Lake Management to partner to combine two veterinary groups through an $8.6 billion deal https://t.co/5r25JzW3fU via @MichelleF_Davis @rngould @markets #PrivateEquity