Macquarie Group's (MQG.AX) asset management arm on Monday agreed to buy a majority stake in Southern Water for more than 1 billion pounds ($1.39 billion), pledging to transform the British utility that has faced criticism and fines for polluting local rivers.
The logo of Australia's biggest investment bank Macquarie Group Ltd adorns a desk in the reception area of its Sydney office headquarters in Australia, Oct. 28, 2016. REUTERS/David Gray/File Photoasset management arm on Monday agreed to buy a majority stake in Southern Water for more than 1 billion pounds , pledging to transform the British utility that has faced criticism and fines for polluting local rivers.
The Australian fund said 2 billion pounds would be invested over the next four years of the current regulatory period to fix the pipes, pumping stations, and sewers that are underperforming and causing harm to the local environment.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Ezekiel Elliott Sued Again Over Alleged Dog Attack, New Accuser Seeking Over $1 MilEzekiel Elliott is being sued again over an alleged dog biting incident, and the new accuser is looking for more than $1 MILLION in damages.
Weiterlesen »
U.S. Senate attempts to complete $1 trillion infrastructure billFollowing months of negotiation and delay, the U.S. Senate was inching closer on Monday to finishing a $1 trillion infrastructure spending bill, with a vote on passage of the bipartisan deal possible by Tuesday.
Weiterlesen »
Focusing On Creating An Instagram Community, This Founder Surpassed $1 Million In Sales In 4 HoursSuzy Holman, cofounder of Jovi, a patch that mutes menstrual cramps with nano capacitor technology, grew her community to over 150,000 members. She leaned on them to help her name and launch the company. At launch, it surpassed $1 million in sales within the first four hours.
Weiterlesen »
NetEase delays $1 bln Hong Kong listing of music streaming firm - sourcesNetEase Inc (9999.HK) has delayed the $1 billion Hong Kong initial public offering of its music streaming service Cloud Village because of volatile trading in China's major tech companies, two people with direct knowledge of the matter said.
Weiterlesen »
Focusing On Creating An Instagram Community, This Founder Surpassed $1 Million In Sales In 4 HoursSuzy Holman, cofounder of Jovi, a patch that mutes menstrual cramps with nano capacitor technology, grew her community to over 150,000 members. She leaned on them to help her name and launch the company. At launch, it surpassed $1 million in sales within the first four hours.
Weiterlesen »