Private equity firm EQT has acquired a significant stake in Yorkshire Water at a valuation below the utility’s regulated asset base, highlighting the pricing pressures facing UK water companies as investors weigh financial, regulatory and political risks across the sector.
According to reports, EQT’s acquisition of joint control of Yorkshire Water from Deutsche Bank’s asset management business valued parent company Kelda Holdings at approximately £9.4 billion, equivalent to around 90% of its reg...
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